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

To: RobertSheldon who wrote (5508)	4/16/2000 10:28:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 15615

Robert, Have you read the recent prospectus which elaborates on GBLX's competition. Seems like lots of fiber competition internationally and substantially more being planned, the current market conditions may slow expansion by competitors which may bode well for GBLX which is well underway and looks to become profitable before too long. It almost seems inevitable that there will need to be consolidation or acquistions/mergers to eliminate the fragmentation that has developed. At some point someone will want to be "king of the hill" in broadband and establish dominance in this industry. If you had to guess which international corporation wanted to own that distinction in the telecommunications market who would you pick. My guess is IBM since they recently decided to partner with Q+USW to compete by building "hubs" similar to what Global Centers will do. This will in effect force the issue for other big players to jump in with both feet or get out of the game. This single action will be the catalyst for a takeover of GBLX and FTHL by other contenders, IMO. BB