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


To: MileHigh who wrote (5692)4/20/2000 7:27:00 AM
From: TechMkt  Respond to of 15615
 
everyone is concentrating on the Germans, but the real impetus for this stock could be the Chinese.

Next month, Congress votes on the China trade bill and right now it has Strong Republican and Presidential support. If the vote were today the bill would pass. GBLX has a tight relationship with Hutchison Whampoa which should give it easy access to the Chinese market when the gates open. IMO, this fact combined with the completion of the new crossings this summer and the IPO's will get GBLX at least back to 60 by late July.

Fez