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


To: gruetz who wrote (5584)4/17/2000 10:40:00 PM
From: Big Bucks  Read Replies (2) | Respond to of 15615
 
I think it all comes down to "SHOW ME THE MONEY". Once this
company posts good q-q sequential earnings and revenues it
will prove its' worth as money making "growth" oriented
business. Right now it is spending way more than it makes
as it builds, no real earnings...yet. I'm expecting some
very good revenue numbers next week, maybe that will act
as a catalyst to move the price higher. Wouldn't surprise
me to see some analyst upgrades this week going into
earnings next week, I'll make a guess and say we will see
$35 by next week, but it may not stay that high unless
the numbers and conference call paint a pretty picture. If
I recall correctly revenues have been increasing q-q and
now we should see the additional revenues of recent
acquisitions contributing to the overall numbers,
hopefully. They haven't posted any pre-announcement so I
take that as a good sign.

JMO,
BB