Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Sheldon who wrote (4076)	1/22/2000 1:05:00 AM
From: quidditch	Read Replies (3) \| Respond to of 15615

Random notes on GBLX and related flotsam and jetsam for a Friday night on which CCs kept me at office late into a three dog night (-2 degrees in northern Westchester Co., NY): 1. The street is blinded by spectrum they can not see. Robert, is there supposed to be any punctuation (like a ";") between "spectrum" and "they" or is street blinded by spectrum? 2. In the GBLX analyst community, one of the mantras becoming popular is "assembling some of the finest bandwidth and communications assets around"--viz. Grubman's ditty when reading the tea leaves in Tyco's decision to exit sub bus for carrier bus. This has been said a few times. 3. Therefore, interesting that in this week of some very, very strong performances by the bandwidth crowd--LVLT, MFNX, newcomer ENE (lollapalooza debut with SUNW) and many of the CLECs--that GBLX underperformed, along with another entity that has assembled some of the finest assets around, in Goldman Sachs words, that would be WCOM. 4. Did WCOM suffer from ENE's debut? 5. I still believe that quarterly earnings results for GBLX are NOT the story, at least until calendar 2Q 2001 or so. Only then--Global Center/AC1/AC2/PC1/and some of the other rings due to be completed/Softbank/HCA will have a chance to kick in to Hong Kong risers. We may have some nice numbers here and there between now and 12/00--but that's not the story. 6. What is the story? How well does this nice collection of assets come together in a coherent business model with internal, leveraged synergies? That's the story. I don't think we see the answer to that begin to dawn until '01 and maybe after. 7. How do you spell brain drain? For T, it's spelled GBLX. 8. Robert, what exactly is the relevance and importance of the old real estate metric "sq ft" for the web hosting model, such as Global Centers and EXDS? Does the sq ft simply indicate the number and imputed capacity of network servers on the floor? And what are the metrics of $3-$5 of revenue per hosting$? 9. For those weary of waiting for GBLX to zoom to heights scaled by other high flyers in just nanoseconds (a peculiarly avaricious avocation that most on the SI threads seem to have adopted as their own special birthright), a providential tale: I have been in SEPR, a sort of biotech with a unique business model, for about 3.5 years. The stock soared early last year to about 140, from low 60's (some might not even call this soaring--and yes, I am in Q) until the CFO put his foot in his mouth about affirming analyst assumptions about earning $14-$15 per share in 2003-2004. The stock sank, stank and stagnated, for about a year. This, even though everyone agreed that its prospects seemed stellar, great science, great patent position, lousy stock. Late in 1999, it began to pick itself up. The last two weeks or so, it finally took off, running from low 90s to close at 155 today. Why do I mention this? As Tug McGraw said, "Ya Gotta Believe". So if you believe in what GBLX is doing, use this basing period to accumulate. If you are right, you'll go to the World Series. Steve PS Vman imparted information to the Yukon and points west, via telephone Frank--maybe this week?