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


To: Frank A. Coluccio who wrote (2723)10/17/1999 9:25:00 PM
From: norm roberts  Respond to of 15615
 
hi frank,i am a little confused, or maybe a lot confused,
i bought gblx a while back at 24.50. and sold it last week at 36 3/8
so that makes me a genious right. no just dumb luck. i have lurked here for a while,and some of the discussion sounds like gblx is going to the moon. ie $70 by friday etc etc.i get a bit suspicious, when the brokerage comunity comes up with buy ratings. ie $50 by wednesday
etc etc.so my question frank, not being technical that is.do deals like colt last week with northern telacom,you know old flat top.have anything to do with the way global crossing. will progress.or am i mixing apples with oranges or (optera)with bandwidth.so i guess what i am saying as pigs get slaughtered on w street.i would like to get slaghtered for$150 rather than $36 and change, call me big "P" but please give me an answer thanks and i like your posts even though i don't fully understand them.all the best nrr

ps that was a measly 450 shares.and can i buy them back tommorow at 32



To: Frank A. Coluccio who wrote (2723)10/18/1999 2:30:00 AM
From: Robert Sheldon  Read Replies (1) | Respond to of 15615
 
*Within the same metropolitan area, for example, one could start with an ILEC, hand off to a CLEC at the transport service level, ship to an IXC which takes you to an ISP or backbone provider across a LATA boundary, and descend at the opposite end in the reverse order, over yet another set of carriers, altogether. Most of these might be providing you with both physical and upper layer services, but some might be providing you with virtual links at the upper layers, only!*

All this talk of redundancy and resistance to a single or even two carriers supplying service to a given customer has me a bit baffled . . . GBLX is really a carrier's carrier.

That's were I'm a bit hung up on your thought process. Could you elaborate why another carrier would not be of benefit to GBLX by re-selling its procured GBLX bandwidth?

The genius of GBLX lies in the simple assumption that while time passes and folks become accustomed to a ubiquitous carrier (GBLX), they (GBLX) are still filling pipes through selling to various other carriers.

Thanks in advance for your thoughts Frank.