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

To: LLCF who wrote (2404)	10/7/1999 10:19:00 AM
From: mts362	Read Replies (2) \| Respond to of 15615

Sorry to waste the thread's time with this but let's set the record straight.... I compared GBLX to JDSU on a VALUATION basis (using price/sales, or market cap and revenue) , then you said I might as well use Cisco then "GBLX would be worth $1000." I then checked the numbers and determined that CISCO's P/S is roughly 1/2 of JDSU's, so using P/S as a basis (which I originally was): GBLX would be worth LESS if I compared it to CSCO than if I compared it to JDSU. Thus making your statement WRONG. These are the facts. Like you said it's all there for people to see. Let's not waste anyone's time, if you want to respond, let's do it privately.