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

To: Howard C. who wrote (11956)	6/18/2001 4:49:19 PM
From: TechMkt	Read Replies (1) \| Respond to of 15615

American Airlines warned after the bell. I'll bet that GX drops further than American Airlines tomorrow. This company just doesn't value the street's respect. Fez

To: Howard C. who wrote (11956)	6/18/2001 5:51:48 PM
From: Bill Fischofer	Read Replies (2) \| Respond to of 15615

Re: Fiber glut I'm sure the articles in the NY Times and WSJ helped propel the selloff today. Now all we need is a "Death of Telecom" cover on Business Week to officially mark the bottom. The so-called "fiber glut" is hardly new news. Ironically this analysis does contain a germ of truth even as it misses the mark. Fiber is a point resource. A redundant fiber link between New York and Chicago does little for a business here in South Florida which would kill for cheap bandwidth. Fiber is abundant along rights of way like railroad lines and gas pipelines, and is reaching into some metro cores but move a mile or two away from those rivers of light and its still a bandwidth desert. Once again, this fact is the validation of GX's business model. They are not trying to blanket the globe with fiber and bring broadband access to every hut and farmhouse. They are, however, targeting the leading global enterprises and will effectively own that space by the time the other carriers figure out that the network has to reach the paying customers.