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

To: Bill Fischofer who wrote (10392)	3/29/2001 10:37:02 AM
From: Ally	Read Replies (1) \| Respond to of 15615

I was a TSC subscriber and have always found their reporting to be fair and unbiased. There is no business motivation for TSC to be biased toward some companies. Also, over the years listening to Cramer, I believe his heart is in the right place - concern for the individual stock holders - even though his stock picks have been less than bright. Cramer also fell prey to those dizzy days, and touted the "four horsemen" when they were selling at crazy PE levels. The woes with GX lie with the woes of the whole telecom sector because the market is unable to differentiate distinctions among the telecom companies. The sector is sieged with concerns on debt levels and competition. I agree with you in that GX is best positioned in both issues. When the Frontier sale is completed, the $3.3 billion cash can be used to reduce debt, or invested in expanded infra-structure. With respect to competition, it always helps to be first on the block with completed fiber, and with a business plan that focuses on the multi national companies. Side bar: I'd be glad to see one outcome of the present market turmoil is an end to EPS forecast. It's a real joke when each quarter companies meet analysts' EPS expectation to a penny accuracy.