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

To: Bill Fischofer who wrote (10658)	4/16/2001 6:01:29 PM
From: gruetz	Read Replies (2) \| Respond to of 15615

re Grubman report on TYCOM dated 4/11: He notes a faster than expected decrease in transatlantic pricing and a trend toward leases vs IRU sales. The latter significantly decreases expected upfront payments, cash rev, and adj EBITDA, to the benefit of GAAP revenue and EBITDA. Anybody read this research piece and have any thoughts on how it effects GX? For the sake of maintaining some excess liquidity, I think I'd prefer IRU sales right now.

To: Bill Fischofer who wrote (10658)	4/16/2001 9:00:15 PM
From: Theophile	Respond to of 15615

Ex-government bigwigs are put on boards for their contact lists and handshaking abilities QCOM has an ambassodor AND Papa Bush's National Security Advisor, Brent Scowcroft, on the Board of Directors, FWIW. Papa Bush also owned GBLX at one time, offereed to him in lieu of a fee for his attendance as a speaker on the topic of Communications in the New World Order. Martin Thomas

To: Bill Fischofer who wrote (10658)	4/17/2001 8:33:47 AM
From: Rob C.	Respond to of 15615

HAMILTON, Bermuda--(BUSINESS WIRE)--April 17, 2001--Global Crossing Ltd. (NYSE: GX.O) said today it will announce first quarter 2001 earnings on Wednesday, May 9 after the market close. Senior executives will discuss the quarter's results on Thursday, May 10 at 8:00 AM EST. Live audio streaming of the discussion will be available for public listening at www.globalcrossing.com on the Global Crossing website. About Global Crossing Global Crossing Ltd. provides integrated telecommunications solutions over the world's most extensive global IP-based fiber-optic network, which will have more than 100,000 route miles, reaching four continents, 27 countries and more than 200 major cities by mid-2001. Global Crossing serves many of the world's largest corporations, providing a full range of managed data and voice products and services. Global Crossing operates throughout the Americas, Europe, and the Asia/Pacific region, and provides services in Asia through its subsidiary, Asia Global Crossing. Global Crossing Solutions provides integrated telecommunications solutions, including network outsourcing, to large global enterprises. Please visit www.globalcrossing.com or www.asiaglobalcrossing.com for more information. Statements made in this press release that state the Company's or management's intentions, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; thesuccessful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. --30--mem/ny* CONTACT: Analysts / Investors Ken Simril, +1 310 385 5200 Los Angeles investors@globalcrossing.com or Press Tom Goff, + 1 310 385 5231 Los Angeles tgoff@globalcrossing.com Kim Polan, + 1 212 687 8080 New York kpolan@sardverb.com KEYWORD: CALIFORNIA INTERNATIONAL LATIN AMERICA INDUSTRY KEYWORD: TELECOMMUNICATIONS ADVISORY CONFERENCE CALLS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 2001, Business Wire