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

To: RobertSheldon who wrote (4554)	2/29/2000 9:40:00 PM
From: voop	Respond to of 15615

I just keep buying it Voop

To: RobertSheldon who wrote (4554)	2/29/2000 10:26:00 PM
From: Teddy	Respond to of 15615

Holy Bandwidth Hog: Teddy, you've got mail! Sorry, Threadsters, i received more responses/questions to my last post than i can responde to at this time. Anyway, here's a snip from "Ol' Man Coors" that reinforces the vision that Robert A and Winnick put forth: Cohrs says Global Crossing looks at about 20 deals for every acquisition it makes, but gets through the process with lightning quick efficiency. And speed is essential in an industry where there's two kinds of people -- the quick and the dead. "The telecom business is like the gold rush," Cohrs says. "If you don't get there first, somebody else gets the gold. It's the biggest industry in the world, and it's probably undergoing the most incredible transformation of any industry in the world. We have to move fast or we won't be a player." Bullish On Bandwidth Global Crossing's strength is in its bandwidth, a category that Cohrs says can't be matched by its main competitor, MCI WorldCom [WCOM]. "What our network offers is more bandwidth to more places than any other network in the world," Cohrs says. "We have more bandwidth than MCI WorldCom. They have very extensive network, but nobody has as much bandwidth going to as many places as we do." That may or may not be true, says MCI WorldCom spokeswoman Linda Laughlin. She says MCI WorldCom doesn't calculate who has more bandwidth, nor does it particularly care. (Teddy's note: something is wrong with Mr. Market's math. WCOM's market cap is 3.5 times GBLX's) "We want to follow our network deployment plans and give customers more bandwidth as needed," Laughlin says. And that's key in an industry that is completely and utterly driven by bandwidth demands, as Cohrs illustrates. "Every single forecast and study we've seen for the demand of bandwidth has been too low," Cohrs says "When our Atlantic cable was first financed, going back two years, the banks had a consultant do a study which projected that by the end of 1998 we would have contracted for about $75 million of sales on the cable. The cable went into service in May, 1998. By the end of 1998, we had over $1 billion in sales." (Me thinks RobertSheldon understands)

To: RobertSheldon who wrote (4554)	2/29/2000 10:27:00 PM
From: TechMkt	Respond to of 15615

From the GBLX homepage. Fez __________________ Upcoming Events Date Conferences & Points of Presence March 1 - 3 Telecom East Washington, D.C. March 4 - 7 Independent Comm. Bankers Association National Conference Austin, TX March 13 - 16 Latin American Telecommunications Summit Lima, Peru. Global Crossing will attend this conference. March 13 - 16 National Manufacturing Week Conference Chicago, IL. Visit the Global Crossing Booth. Brian Covney will be speaking at this conference. March 14 - 16 ISP 2000 Amsterdam, Netherlands Paul Santinelli will be speaking. March 14 - 15 Global IP Carriers Conference London, UK Global Crossing is a Silver Sponsor of this event and John Longo, Vice President, Product Management-Data Services will be speaking on "Building a Global IP Network". March 14 - 15 Carriers World Japan 2000 Tokyo, Japan Global Crossing is a sponsor of this conference, and Darryl Green, President Japan will be speaking. March 26 - 28 Agent Conference Las Vegas, NV Visit the Global Crossing Booth at the Venetian Hotel. March 28 - 31 Telexpo Sao Paulo, Brazil Visit Global Crossing at Booth 120 in the USA Pavilion at the Expo Center Norte. April 3 - 6 Pan European Carrier Strategies Conference London, UK Stephane Gantzer, Sales Director. France will be speaking on "Pan-European vs. Global Carrier. The Importance of Global Reach".