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


To: Greg Strzegowski who wrote (3180)11/12/1999 8:58:00 PM
From: Robert Sheldon  Respond to of 15615
 
*Can you explain how you arrive at $3.00 EPS given shrinking ASP's in 2001?*

Let me jump in here . . .

Declining rates is the core of GBLX's business model. We have recently discussed this at length. Frank C. & I also held a long discussion on this board relating to the possibility of GBLX becoming a huge cash generating corporation. I have to run now, but will be back later to outline the basics of the above mentioned items. Until then, remember that declining rates are met with an even higher rate of demand.