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

To: Bill Fischofer who wrote (11806)	6/15/2001 4:46:12 PM
From: CRL	Read Replies (1) \| Respond to of 15615

Well said! I have heard nothing confidence-shaking. GX and AGCX just are not well understood, either by the street or by the bulk of "casual" stockholders. Several months ago I suggested that Winnick et al had given up on the notion that telling the story well would affect stock price; that they had resigned themselves to the fact that they just had to DO what they said they'd do and that ultimately the numbers would prove so compelling they would open people's eyes to the true power of this company. I still believe that it true. It's quite clear that nothing GX has said has made any difference. In fact, not even consistently beating targets, completing network segments on time and on budget, signing major deals, getting major approvals, etc. has made any difference. But this stock price, IMVHO, will trace out a powerful "hockey-stick" sometime in the next 12 months. I don't know when, but I am betting a lot that it's WHEN not IF. Patience and fortitude to all!

To: Bill Fischofer who wrote (11806)	6/15/2001 4:48:50 PM
From: jopawa	Respond to of 15615

you would have to think that GX was at the least less optimistic this week than in the past, clearly they gave off a slightly neg vibe to the analysts they met with this week, did they officially lower guidanece? no. did they indicate that biz conditions have become more difficult? surely yes. even the most unabashed bull Chopra from dbab was less enthusiastic than in the past, surely that is not a coincidence, does this change the 10 year story for gx? probably not, but it sures changes the near term outlook and that is potentially very troublesome for any co with debt service depending on the outcome of near term ebitda forecasts

To: Bill Fischofer who wrote (11806)	6/15/2001 4:53:35 PM
From: trainleaving	Respond to of 15615

Thanks for your response, Bill. That's what I emphasized in previous post. For GX to have problems, the management would have to be holding back information. I don't think this is the case, but it's always good to be cynical. After reading more on the CSFB report, it appears just as you stated - the adjustments were made based upon conditions as they are perceived in the industry, based on IRU sales versus contracts. I wonder if CSFB is simply creating an opportunity for themselves. I also heard rumors that today's drop was due in part to concerns about EXDS going belly-up. I need to look into them a little more to see if this is a possibility. I believe this would hurt GX, but not be fatal by any means.