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

To: Bruta who wrote (4479)	2/23/2000 12:09:00 AM
From: Bill Fischofer	Read Replies (2) \| Respond to of 15615

Re: GBLX mischaracterizations I always smile when press reports refer to GBLX as a "long distance phone company". It's reminiscent of the way EMC used to be called a "disk drive company". Amazing how a 10-20 fold rise tends to clarify the Street's perceptions. It happened with EMC and it will happen with GBLX. What is most remarkable is how GBLX is able to close its deals so quickly. While Q is still trying to get approvals for its USW deal and WCOM will probably take another year to absorb FON, GBLX has closed FRO and Racal Telecom, formed Asia Global Crossing and Hutchison Global Crossing, partnered with LVLT on AC2, and now is buying EXNT and IPI which it expects to close in 2Q00. These folks really know how to do business at Internet speed. It's no wonder that the best and brightest telecom managers have been beating a path to GBLX's doorstep over the past year. I'll be very surprised if GBLX's market cap doesn't blow right past WCOM, T, etc. over the next 2-3 years.