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To: jcm who wrote (4543)9/1/2000 11:49:02 AM
From: jjkirk  Respond to of 13572
 
Undersea fiber-optic network builder GLOBAL CROSSING LTD. (33.31, up 3.25 @ 9:57 a.m. EDT) boosted both its full-year
cash revenue and adjusted EBITDA estimates late yesterday because of strong results in the first half of the year. Global
Crossing said continuing operations, including telecommunications services and installation and maintenance services,
should generate cash revenue of $5.2 billion for the year ended December 31. That was up from a previous estimate of $4.84
billion, Global Crossing said. Adjusting for the effect of acquisitions, Global Crossing expected cash revenue of $5.37 billion,
a 38% increase over 1999 results.



To: jcm who wrote (4543)9/1/2000 6:39:37 PM
From: Boplicity  Respond to of 13572
 
Very nice and orderly base formation. 40 is the next area of resistance. When the management comes out and says they are doing better, it's time to buy. GBLX has largely built their network. Now that all the major construction is behind them, it's time to reap the benefit of all their hard work. I suspect they will be rewarded handsomely.

Greg


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