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

To: isdsms who wrote (12804)	7/26/2001 4:53:44 PM
From: AE	Respond to of 15615

I understand that GX has some advantages with their existing network. However, I am concerned how they will maintain their margins over the coming years as bandwidth becomes a commodity. Enron already operates an exchange for bandwidth and many others(williams, enron, quest etc.) have robust networks that are expanding or being completed. AT&T illustrates how difficult it is to maintain margins in their core LD business. Why is gX any different? I appreciate any info. Thanks, AE

To: isdsms who wrote (12804)	7/26/2001 5:06:05 PM
From: jopawa	Read Replies (1) \| Respond to of 15615

FWIW, from the YAHOO thread: Just spoke with a higher up at GX by: okkie65 (M/Lehigh Valley, PA) 07/26/01 04:59 pm Msg: 211407 of 211411 I was informed they originally issued 3 private offerings of convertible pfds which are now publicly traded. I have the cusips for anyone who wants that info. Also, they answered my question re end of day trades. I was informed that this is part of passive or indexed mutual funds rebalancing. They need an end of day "tick" that shows a "print" for the record. Has nothing at all to do with fundamentals of GX. Strictly a necessary requirement of passive investing. The passives have to rebalance along with changes in the S&P which is a weighted index.