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

To: JDN who wrote (2457)	10/8/1999 4:27:00 PM
From: Stephen Swantz	Respond to of 15615

To JDN: Amen. In the long term, GBLX looks much higher. Steve

To: JDN who wrote (2457)	10/8/1999 6:46:00 PM
From: CF Rebel	Respond to of 15615

I certainly don't want a takeover either. I could handle a partnership, but that's it. The Financial Times reported this yesterday: "Deutsche Telekom recently held preliminary talks with Global Crossing about a takeover of the fast-growing carrier, according to one person close to the discussions. Although those talks, said to have taken place this summer, came to nothing, they mark the first sign that the German company has approached other US carriers about a deal since efforts to buy Sprint failed." There is the possibility of the DT interest being leaked to help the stock price, even if there are no current talks. Even if there are no deals with suitors forthcoming, it looks like the broader market has finally gotten wind of the powerhouse this company may/will become and share price should remain firm, if not trending upward. I still can't believe how cheap this stock got. CF Rebel

To: JDN who wrote (2457)	10/8/1999 7:30:00 PM
From: Bonzo	Read Replies (1) \| Respond to of 15615

JDN I agree with you. $50 is not enough to compensate the 1-3 year appreciation potential that GBLX has. The business model is too compelling. This management is too savvy and I doubt they would sell for anything less than $70 now if at all. This ain't no TAVA (inside joke). remember, SSB has a one year target of $70. GBLX has traded as high as $64 without Frontier which has brought significant revenue, traffic, clients and technology to GBLX. Why should GBLX take $50? They won't. Winnick, imo, will not sell for $50. Not to DT, BT, BLS, QWST or anyone else. If you watched and listened to the Telecosm conference last week from Reno, you know Winnick's long term plans do not include a buyout now. Now if someone wants to partner that is a different story. JDN and all longs, Good Luck, this is a great 3-5 year stock.

To: JDN who wrote (2457)	10/8/1999 9:03:00 PM
From: mthomas	Read Replies (2) \| Respond to of 15615

A-B-S-O-LUTELY I agree, no takeover for less than $90 would be fair. I expect and know that my money is on GBLX for a triple by next February, and any takeover now is trying to get ahead of earnings on November 3. After that, the sky will not even limit this uniquely positioned company. I have fought since $59 for GBLX, and I do not want to see it go for less than $90. Besides, all the short term gains will be taxed, because anybody like Bell South or another bloated inefficient behemoth will just chew up the take-home and leave me with worthless stock certificates, appreciating at less than market returns. I want to keep GBLX a Pure Play, and get a seven bagger by next Autumn. Speak up, don't sell.