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


To: Theophile who wrote (10391)3/29/2001 8:28:43 AM
From: Bill Fischofer  Read Replies (1) | Respond to of 15615
 
OT: TSC

It's easy to infer sinister motives to publishers but over the years I've found TSC's reporting to be as insightful and unbiased as any in the business. The role of debt and its impact has been a huge factor in telecom's woes over the past year. It's one of the reasons why I'm very glad to have a financing wizard (Winnick) at the helm of GX. He saw the credit bubble coming, used it to get GX going, then moved to position GX on a path to profitability before the bubble's collapse could drag GX down with its less nimble competitors.

A year from now the day-and-night difference between GX and its imitators will be obvious to all. The fact that it is not yet obvious to all is why GX continues to be available at today's give-away prices.