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


To: Craig A who wrote (2534)10/11/1999 8:47:00 AM
From: Mohan Marette  Respond to of 15615
 
I guess the drop is to be expected considering the recent rise in the stock price,it could be a temporary phenomenon for all we know. As for the Racal deal, it sounds very promising considering the deal will be 'slightly accretive' in 2000 and the year after that the company is expecting double digit accretion to earnings, at least according to Annunziata. Also the analysts in UK seem to have liked the deal according to press reports.