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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: AurumRabosa who wrote (2310)	10/4/1999 8:47:00 PM
From: K.J.Y.	Read Replies (2) \| Respond to of 15615

Hello, I'm new to this thread and am just picking it up. Global Crossing sounds like a great company, but then again, so did Iridium about a year and a half ago. Can someone, or a few people, please tell me what Global Crossing has that other companies do not, and tell me why they think Global Crossing will not be outdone by a competing technology before they get their products fully out to market. Are they in the "planning" stage, or are they now an operating company? Also, could someone please detail where they have operating, or near operating physical cables laid? Why have the other larger telcos ignored such a lucrative market and allowed a start-up to get a headstart like this? Please give me fair and accurate responses. I was on the Iridium thread ago and there seemed no way for 66 satelites to go bankrupt, and yet it did. To me, underground cables are nothing different. Thank you, please excuse the ignorance on this subject. Kevin

To: AurumRabosa who wrote (2310)	10/5/1999 2:09:00 PM
From: JPLoos	Read Replies (1) \| Respond to of 15615

Thanks for a differing view on the Bond Market. Essentially you are saying (correct me if I am misunderstanding you) that the demand for Mortgages and the demand bonds as an investment will continue to increase because: 1.) 2/3 of our economy is based on consumer spending and this finance vehicle(bonds)is in high demand 2.) The aging population (Baby Boomers)are rotating out of stocks into bonds? Or not yet? 3.) And perhaps the most important : If Greenspan can get away with his part of the equation, he has a point or more to tweak the economy as he sees fit. 4.) The over seas markets are seeing strength and are rotating out of the U.S. T-Bills My stance is based on the following: there is a tremendous amount of money looking for a safer home than the U.S. stock market. I agree with your statement that demand for bonds may rise short term (6 months - 1 year) but I have to believe the increase in money rotating out of the stock market will be in search of a safe home. This is the ultimate crystal ball speculation but, the Stock Market will see a correction that makes the Baby Boomers think twice about their portfolios. Hence the Baby Boomers will be the ones to bid up the Treasury Bills. As for GBLX we are in the midst of Market Maker Madness. They are jerking this stock all over. But what a great buying opportunity. I really love this stock. Please tell me what could go wrong. I am afraid I like too much.