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


To: TechMkt who wrote (8795)11/1/2000 9:57:10 AM
From: SecularBull  Respond to of 15615
 
Call IR and tell them that.

LoF



To: TechMkt who wrote (8795)11/1/2000 2:34:39 PM
From: rhkohnen  Read Replies (1) | Respond to of 15615
 
Exodus and IXNET represent two very large customer bases tat we know about. YHOO is a GCTR customer. IXNET has several large financial institutions. The British and Irish Gov't are a couple of more.

The fact is that about 6 weeks or so ago, GBLX declared increase revenues and the stock jumped up to 37. Since that time GBLX has improved it's cash position with the GCTR and AGCX deals and the stock has dropped by over 1/3 in price. As LoF pointed out we have other companies in this area moving with the market while GBLX is just drifting.

With earnings coming out in less than two week, GBLX should be inching it’s way to the $30 to $40 range with no news.

Is there a more long-term consideration that this thread is missing which the market is seeing?

Best Regards
Bob