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

To: kellygreen who wrote (9906)	2/15/2001 4:36:35 PM
From: charger	Read Replies (2) \| Respond to of 15615

The "problem" as I see it with the great numbers GX puts up every quarter is that they telegraph it to the market every time. It's hard to get much impact from beating the number if the market knows this in advance. Remember the pop we got in August when Leo came out and said they would beat the Q3 number? It ramped to $38 that day and slid ever since. In other words, the great news is always baked in the cake. In fact, if GX DIDN'T put up such tremendous top line numbers every time, the stock would get crushed, as investors would fear weakness in the business model and default. I think GX has gotten into the position (good or bad) of having to crush the number every time until it becomes perfectly clear that they will survive and dominate the competition, as their debt service is tremendous. Regards