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


To: D. Newberry who wrote (3108)11/5/1999 9:48:00 PM
From: mthomas  Read Replies (1) | Respond to of 15615
 
True Story.....dad asked what to do with some money, put it in a CD, or buy some more Utility stock. I explained GBLX, dad bought GBLX, pre-merger with FRO. Dad deals with Merrill Lynch. Then I looked at the FRO price, and told dad how to make 10% real quick if the deal goes through with GBLX, and even if it does not go through, FRO is a dynamite equity anyway. Dad bought FRO. The Merrill Lynch broker asks dad about these stocks, and dad explains. The Merrill Lynch broker buys some GBLX for himself!! (I know this dude, back in 1993 he told me he had the urge to mortgage the house and buy INTC and MSFT)((probably wishes he did!))
Now the broker is telling customers that ask "what to buy" about GBLX....this is true story....just spoke with dad tonight....
Funny thing, wasn't it the Merrill Lynch analyst that gave GBLX a $76 price end of 2000, during a CC right after the announced partnership with MSFT, SoftBank on East Asia Crossing???
I said it before, do your friends a favor and turn them on to GBLX.
Good news travels fast. MT

ps: If GBLX stays as GBLX, $76 will be seen earlier than end 2000,IMO.



To: D. Newberry who wrote (3108)11/5/1999 10:52:00 PM
From: Frank A. Coluccio  Read Replies (2) | Respond to of 15615
 
DN, I found your account of laying submarine cable interesting. But for the sake of clarity, I'd like to know where you learned that subsea cables are always laid on the ocean floor, and never draped between high mountain peaks in deep water. I find this difficult to fathom.

You also say they don't use submarines. How about unmanned remote submersible vehicles, or RSVs? Do these qualify as subs?

You also imply that the present ring which is being used is self-healing, and that no one knows when there is a break. Does it in fact self heal? Or are the restoration processes still very much a form of table driven, or manual, switched restoral processes between multiple nodes, that 'would' be noticed? Note, I'm not saying this to minimize their restorative capabilities, only that it isn't always as quick as a flash at this time as one would perceive.

I don't that think you are altogether correct on some of these matters, and if I were you I'd check them out to be sure. FWIW.

Regards, Frank Coluccio