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

To: RobertSheldon who wrote (8748)	10/26/2000 10:23:04 AM
From: jopawa	Read Replies (1) \| Respond to of 15615

just a few observations about the last month, seems as though pushing through the junk bond deal at 11%+ and shoving the agcx deal out the door at any price look very very smart. All indications are that today neither would be possible at ANY price according to all reports coming from the junk mkt. Instead, we have a fully funded network woith plenty of cash to see it through, and that is key in the shakeout to come. The whole telecom and optical collapse will end up being to our advantage as the funding window is closed to others, and the days of free money to all who want in our space are over. Only the strong will survive now, and you would have to believe that gblx is top of the heap there.