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

To: Ally who wrote (13280)8/9/2001 7:41:06 PM
From: Rob C.  Respond to of 15615
 
I think that Global Crossing has a strong chance at being a huge growth company 3 to 5 years down the line. Next quarter and next year don't mean dick. I am long 6,000 shares and I plan on selling at 40 plus in 3 to 4 years.

Regards,

Rob



To: Ally who wrote (13280)8/9/2001 8:58:28 PM
From: RobertSheldon  Respond to of 15615
 
*Let's see what Sheldon has to say about this estimate which is way off from Sheldon's.*

I'm waiting for the Q to be published on the 15th.



To: Ally who wrote (13280)8/9/2001 9:45:10 PM
From: Spekulatius  Read Replies (2) | Respond to of 15615
 
>> As for the funding deficit in 2003 and 2004, it looks like he is assuming a massive capex required for expanding the existing network capacity. <<
GX will have to continue spending money to stay competitive. Within the 2003/04 timeframe for example, GX will have to spend on 40 GBIT. What is the depreciation of 11B$ in lit fiber? My guess is that at least 2B$ capex a year is necessary to keep the stuff state of the art.


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