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


To: PaperChase who wrote (2564)10/11/1999 4:10:00 PM
From: Mohan Marette  Respond to of 15615
 
Being not an expert of Telecom deals I can not comment on the price paid by GBLX for any of their acquisitions,I hope the management does. Going by their experience in the 'biz' I am somewhat certain that they do know what they are doing and that is why I got some money on it. If it doesn't pan out I lick my wounds and move on.



To: PaperChase who wrote (2564)10/11/1999 6:58:00 PM
From: Stephen Swantz  Respond to of 15615
 
Paper Chase: One thing that caught me eye that says there is "value" in the purchase is the quote "Racal Telecom controls over 7,000 km (4,300 miles) of fibre optic cables crisscrossing almost the entire UK." Isn't that worth something having almost all of UK wired? No waiting to complete the service. Steve