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


To: Teddy who wrote (2430)10/7/1999 8:02:00 PM
From: Craig A  Respond to of 15615
 
Teddy
I enjoyed your colorful post. Having re-entered this AM at 30, hell, I'll take $250 also....
I came back to a position due to an article in the Bull Market Report pounding their fists on the table to buy.
I bought before the bell and then the take-over stuff emerged. Interesting. Zacks has a sell on the stock.
The Spear Report came out with a BUY recently also.
Perhaps, after digesting input from this thread, I'll hold the course.



To: Teddy who wrote (2430)10/7/1999 10:52:00 PM
From: Howard C.  Read Replies (1) | Respond to of 15615
 
i'll take a buyout at $150 this months, but after the new
year i want $250. That is reasonable.

I like your scenario very much since, yesterday, I joined the fray here by buying some April 35 call options. Thanks to all of you fine people here for helping me with that decision.



To: Teddy who wrote (2430)10/7/1999 11:21:00 PM
From: jerry cooper  Read Replies (1) | Respond to of 15615
 
Ted,

$250 ..... that equates to a market cap of approx. $200 billion.. Is that reasonable??????



To: Teddy who wrote (2430)10/8/1999 12:50:00 AM
From: James B. Ditsworth  Respond to of 15615
 
<<<Frontier owned 50% of the network that Qwest now owns. Global Crossing now owns that network. More than a year ago, Qwest bought capacity on Global Crossing's AC-1 cable. As part of the settlements of the Frontier/ US West bids, Quest purchased additional capacity on Global Crossing's network.>>>

I think you have a fact wrong. As I recall, Frontier helped finance the Qwest network alright, but they only control something like 4% of the total fiber. (Something like 2 strands out of 48 - 24 of which are still dark.)

You are correct that GBLX inherits the fiber from Frontier though.

Regards,

Jim Ditsworth



To: Teddy who wrote (2430)10/8/1999 8:09:00 AM
From: Frank A. Coluccio  Respond to of 15615
 
Teddy, the following snippet should also be of interest to posters of
on this board.

----
From: Message 11483501

[Re: Rule of thumb formula for using multiple carriers:]

Begin Sidebar: As a side note, this is a popular tactic of new carriers, pushing this bit of advice in order to aid in kick-starting uptake in their new services. Teleport's (TCG's) main theme during its early years, for example, borrowed from the familiar theme which was shown in a picture that was hung outside of Bob A.'s office in the World Trade Center in NY. It showed a basket containing all the eggs.

On the other side of the door, there was a prop showing King Kong climbing up one of the Twin Towers, with each of the 110 floors representing One Hundred Megabits of capacity which had already been turned up to service, to date. The floor that Kong was on at the time showed their progress as of that day, in other words.

Today, these props seem quaint in retrospect, but at the time they foretold some profound implications for the incumbents, whom, I might add, were still scoffing at the notion that CAPs, as they were called at the time (competitive access providers) could ever go anywhere but down. The year, incidentally, was 1987. End Sidebar.
----

Regards, Frank Coluccio