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


To: M. Charles Swope who wrote (13295)8/10/2001 2:35:34 PM
From: robba67  Read Replies (3) | Respond to of 15615
 
Charles, I think you are absolutely right in your assertion that the fiber in the ground will be used, whether by the co's. that actually laid it or by co's. that have bought it out of bankruptcy. In fact, we as GX investors should hope this fiber ends up being used sooner, rather than later, by whatever companies end up owning it. I hope, in fact, that these are indeed "well-financed" and "formidable" companies.

That's because GX "owns" the bottleneck...the choke point...the intercontinental leg of the worldwide fiber network that we all know will eventually be utilized by broadband apps yet to be exploited.

If GX makes it through the current carnage (and I believe it will), then its unique position at the choke point will pay off hugely.

robba