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


To: SecularBull who wrote (5575)4/17/2000 10:25:00 PM
From: Big Bucks  Respond to of 15615
 
The point I was trying to make was that they have additional
sources of income to help fund growth/expansion other than
telecom. The relatively small number of shares vs the
revenues/profitability is probably the main reason it is
value higher than GBLX, less share dilution as CJ indicated.

BB



To: SecularBull who wrote (5575)4/17/2000 10:34:00 PM
From: KevRupert  Read Replies (1) | Respond to of 15615
 
LONGonFIBER, I have always respected your thoughts and opinions. I would like to know how you determine a fair value on "gblx"? Could you please post or pm a brief summary on what method you are using to value "gblx". I am researching the stock, and am attempting to determine the best way to value the stock.

Thansk in advance. advalorem



To: SecularBull who wrote (5575)4/18/2000 2:30:00 AM
From: RobertSheldon  Read Replies (1) | Respond to of 15615
 
Time for a funny story . . .

*Coal is a total sideline. They own 40% of RCNC and NXLK owns the rights to 25% of their network bandwidth, making for some interesting segues to further consolidation.*

When I first found Level Three it had just been spun out of Kiwit and was trading on the OTC BB for less than the cash on the balance sheet! Needless to say, I could not believe my eyes and bought carefully as I thought that the "powers that be" certainly knew something that I did not. I should have purchased 100% of my and everyone elses portfolio into it though . . . the numbers were real and it was just a matter of weeks before other folks caught on. While I made a bundle for a few folks (I sold too early as I have a habit of bailing when the majority of the "value" is expressed in the share price), I have never forgotten the lesson. We often know more about a company than we give ourselves credit. The same goes for GBLX.