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: changedmyname who wrote (13065)	8/2/2001 4:48:43 PM
From: changedmyname	Read Replies (1) \| Respond to of 15615

I will try to post a few of the reseach reports that were emailed to me from a friend later this afternoon/evening.

To: changedmyname who wrote (13065)	8/2/2001 10:28:05 PM
From: DWB	Read Replies (2) \| Respond to of 15615

True that TSIX and LVLT certainly don't have the network or service capability that GX has, but that doesn't mean a thing when it comes to how the company's bottom line comes in. Huh? So customers don't care about quality of service, or lower costs due to using the same network? I can't see how you would think this "doesn't mean a thing" to how a company's bottom line comes in. Customers will gravitate towards GX, and GX will take market share based on their system(that's even indicated in the current numbers)... of course it makes a difference. The only way it wouldn't matter is if ALL telecom went away, and we went back to tin cans and string... and I don't think that's happening. Just look at the bandwidth demand on the horizon from cable modems, 2.5 and 3G cellular, and video on demand to the home... Actually, alot of what GX is saying now hinges on the situation not going back to normal, otherwise their growth rates would be as previously stated. Let's say things don't turn around by the end of the year. Next year Capex decreases to less than 2.5 billion from 4.5 this year. That's another 2 billion in available cash even if they get 0 growth from this year to next. Do you see it as likely that they'll get 0 growth between this year and next? Remember that the GX system is essentially done, and other subsea capacity that was expected to come online is disappearing quickly. What other alternatives do the MNCs have? Something tells me that GX had to do more than blah, blah, blah to get those defense contracts. Proof of viability, with allowances for various future scenarios (good, bad, ugly) were almost definately required. I take great comfort in seeing MSFT and Q go with LVLT. That just means they'll be coming to GX when/if LVLT goes belly up, since my view is LVLT will go under long before GX does. I don't agree that GX is "hinging" on a recovery. I think they'll be able to weather anything but an economic holocaust, and if that's the case, we're all wasting our time investing in anything but gold. Since I'm not ready to dig an economic bomb shelter in my backyard, I'll be buying more at these levels, and probably loving it in 12-24 months. DWB