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

To: Blackmarlin who wrote (3480)	12/8/1999 1:58:00 PM
From: M. Frank Greiffenstein	Read Replies (3) \| Respond to of 15615

I've had it! Sold all my GBLX. Good luck everybody! I am happy with my double from the $24 range. Reason? A half billion here, a half billion in preferred stock there. Soon we will be talking about real money. Cash flow has got to be impact at some point. I see a Conseco-like situation setting up here. I enjoyed the posts here, especially Colluchio, Teddy, Sheldon and my old friend JDN. Good luck to all of you. DocStone

To: Blackmarlin who wrote (3480)	12/8/1999 9:01:00 PM
From: CF Rebel	Read Replies (1) \| Respond to of 15615

Tom, "That being the case... I am absolutely thrilled to have my $ in the company that owns the firm which operates 80% of the cable laying vessels in the world." Unless they've bought another fleet since buying Global Marine from C&W, your numbers are highly inflated. From the April press release announcing GBLX's purchase of the cable-laying fleet: "Global Marine is the world's largest and most advanced undersea cable installation and maintenance company with a fleet of 13 cable ships (33 percent of the world's total), 21 submersible vehicles and 1,200 employees now servicing more than 35 percent of the world's undersea cable miles." CF Rebel