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

To: jopawa who wrote (9929)	2/17/2001 2:06:50 PM
From: jopawa	Read Replies (1) \| Respond to of 15615

A major investment in data centers was halted when GlobalCenter Inc. was sold to Exodus Communications for $6.5 billion only 12 months after it was launched. I wish it was 6.5 billion, more like 1.8 billion today.

To: jopawa who wrote (9929)	2/17/2001 3:24:50 PM
From: TechMkt	Read Replies (1) \| Respond to of 15615

I don't like Cohrs statement that they may "possibly" issue more stock to pay for an acquisition. he acknowledges that the stock is undervalued, but many of us remember the unseemly manner in which GX conducted their last secondary offering. I hope very much we don't go down that road again. Fez

To: jopawa who wrote (9929)	2/17/2001 3:57:00 PM
From: rhkohnen	Read Replies (1) \| Respond to of 15615

"Some time in the second half of 2002 we (will) actually become free cash flow positive," says Cohrs. "We become net generators of cash ..." This is nice to hear.<GG> My own feeling that this will be sooner, based on how GX earnings keep improving. If you think about it, to build a company this size and be cash positive in less than 5 years is pretty impressive. The stock price will probably stay down until the market improves, but then GX should make up the lost time of dead money, IMHO. Best Regards Bob