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


To: CF Rebel who wrote (3486)12/9/1999 12:54:00 AM
From: Blackmarlin  Respond to of 15615
 
<<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.">>

Thanks Rebel... I will recheck my source for that information, which was about three months ago. I wasn't surprised with the number, as I had skippered some of their vessels 30 years ago and crewed on the Glomar Explorer. Sorry if that figure was not accurate.