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

To: gruetz who wrote (8863)	11/7/2000 6:44:29 AM
From: rhkohnen	Respond to of 15615

<<With these deals, Global Crossing shed costly assets and cut its capital spending plans by about $2.5 billion. It now expects its capital spending to be about $3 billion to $4 billion next year, Winnick said.>> In simple terms, with revenues of $5-7 bil for next year and capital spending of about $3 billion to $4 billion, GX should be in the black for 2001. We could be looking at earnings of $1-$4 per share. With numbers like that it doesn't matter who is President. This earnings report should confirm it. Best Regards Bob