Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: 249443 who wrote (12113)	6/20/2001 2:35:27 PM
From: trainleaving	Read Replies (2) \| Respond to of 15615

The reason they are selling the ILEC business is because it is a slow growth asset and doesn't fit into their business model. GX is not attempting to reach every user in the world. GX is targetting large corporations that account for the majority of the revenue. They are not trying to be all things to all people.

To: 249443 who wrote (12113)	6/20/2001 3:02:54 PM
From: Emile Vidrine	Read Replies (1) \| Respond to of 15615

"Global doesn't have its cash cow any more"???? Let's see if we can all grasp this NEW scenario: if CZN deal fails, then GX tumbles we still have our "cash cow" but also have difficulties completing network. A net NEGATIVE. if CZN deal goes through we lose our "cash cow" but have enough funds to be called "fully funded". Another net NEGATIVE. Longs simply can't win with this kind of reasoning. We're damned if we do and dammed if we don't. So this translates into: next Friday will be down if we sell CZN and down if we do not sell CZN. I can no longer handle this game of high finance. Somebody please help!