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

To: Robert Sheldon who wrote (4350)	2/17/2000 7:17:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 15615

From Merrill Lynch research (2/16/00): ... -- said restarted coverage of Global Crossing Ltd. GBLX.O with an intermediate-term accumulate and long-term buy rating and a price target of $70 a share. -- said it may raise the Global Crossing price objective once the company proves its integration of its Frontier Corp. acquisition is underway and once it web-hosting company, GlobalCenter, has an initial public offering. -- said believes Global Crossing may become one of the first companies to complete a worldwide, broadband network capable of meeting the exploding demand for Internet and data services on a wholesale and retail basis. ibexx