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

To: PaperChase who wrote (2554)	10/11/1999 1:33:00 PM
From: mts362	Read Replies (2) \| Respond to of 15615

No offense, but I'm sure these guys at GBLX know how to value a company prety well, they do have quite a background in finance.

To: PaperChase who wrote (2554)	10/11/1999 2:06:00 PM
From: JDN	Respond to of 15615

Dear Paper: HEY, its only money!!! haha. Seriously, have you heard the term, "Beauty is in the eye of the beholder". ?? I believe the answer to your comment is this: The Racal assets were more valuable to GBLX ie more useable less duplicity than to Energis. One last comment for now, I am beginning to think that the SECRET to whats going on here can be found in the comment, The SUM is worth MORE than the total of the parts!!! I think GBLX is securing a GLOBAL communications means ASAP. I bet when its done and over with someone is going to pay BIG BUCKS to lay their grimy paws on it. JDN

To: PaperChase who wrote (2554)	10/11/1999 7:20:00 PM
From: mthomas	Respond to of 15615

Such a simple assumption requires more thought. What was Racal worth to each bidder? This is how the price gets figured, not by some absolute yardstick. And what sort of encouragement needed to be offered to avoid a counter offer by the first bidder?... Paper Chase, you have valid points but offer extremely rudimentary arguments. What about the income from Racal, will it not offset the price plus interest? Regardless of the other enhancements and features of the deal, to whom was it more of a deal? The first bidder would hold redundant coverage, they were not willing to pay much for that. For GBLX this is a steady income stream, plus presence, plus reach. I do not want any more acquisitions because I want the stock to go up. It will go up and then stagnate if more brave hands are not at the helm than mine. I buy a stock based in big part upon the management. Shorting ATT would probably be more lucrative than shorting GBLX........good luck.