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


To: Alphapenguin who wrote (8098)9/30/2000 1:27:06 PM
From: TENNET  Respond to of 15615
 
Some good thoughts from Clearstation post:
From :
Cheopis Sep 29 2000 1:53PM
Replying To : MacUserTrader (post 1862)
Title : GBLX making itself leaner, yes


This is all IMHO speculation...
This may simply be because they do not want to reduce the extent of posession of "old" technology on a massive scale in a few years. When their network is finished, the vast majority of it will be optical cable, which, as far as I am aware, has no competing technology (now or in development) that can compare to it for long distance data transmission. Upgrading the routers to faster devices would be all that would need to be done to upgrade the transmission speeds. (Lucent and GBLX recently announced a new install of a fully optical router with VERY fast throughput speeds on single optical fibers) I think GBLX is moving towards being the "Water Company" After the "pipes" are put underground, maintenance is minimal, but income keeps coming in. The only expenses would be based on maintaining the integrity of the network, and upgrading routers. If they reduce their corporate bloat along with their selloffs (get rid of most of the beaurocracy) they will easily be able to offer very low cost data transmission fees, while at the same time turning a profit. I'm following their actions with curiosity. I imagine after the network is up and running and Africa and Latin America start to develop a strong internet presence, we might see Datacenter networks created in Africa and Latin America, and after developed to a profitable level, sold for a very large chunk of change. They are selling off units of their company which can be nothing else but customers to the GBLX network - relieving GBLX of the responsibility of maintaining the datacenters, but still being in a position to collect tidy sums for their data transmission needs from the new owners...



To: Alphapenguin who wrote (8098)9/30/2000 2:11:22 PM
From: Theophile  Respond to of 15615
 
That certainly was an enlightening explanation, I thank you.
Martin Thomas



To: Alphapenguin who wrote (8098)7/9/2001 10:22:12 PM
From: DWB  Read Replies (1) | Respond to of 15615
 
biz.yahoo.com

Global Crossing wins contract from DOD... guess that means this post of yours was all a bunch of hot air.... Or is it your contention that there are no US companies capable of handling the DOD contract? Your comments to me in September were...

Message 14483338

Don't count on GBLX being in the hunt for the Navy contract. As a Bermuda-based company, they're as likely to get the contract as foreign flag shipping is to carry Navy freight. That is, zero.

and to Martin were....

Martin, U.S. Public Law and standing military regulations prohibit the military from contracting for goods or services with non-U.S. firms if there are U.S. firms that are willing and have the capability to meet the minimum terms set forth in a RFP (request for proposal). It does not matter how much better a foreign firm can provide the service, only that the minimum specifications are met. Thus, if a U.S. firm submits a proposal (bid) and is determined by the Requestor's Contracting Officer to meet the specifications, the contract will always go to the U.S. firm. You can refer to this as an "old boys' network" if you like, but the provisions are in place to protect U.S. business interests, and to a lesser degree, in certain cases, U.S. security interests. Exceptions would be granted in such cases as, for instance, Status of Forces Agreements that would permit foreign (generally, local national) firms to provide goods and services on a limited geographic basis. This is why government employees (civilian or military) who are traveling outside the U.S. on official business (on the government's dime) must use U.S. carriers when available. And this is why GBLX doesn't stand a prayer, UNLESS there are no U.S. firms willing and able to step forward.

Care for some water to wash the crow down with???

DWB