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: Ally who wrote (13572)	8/20/2001 10:30:39 PM
From: changedmyname	Read Replies (1) \| Respond to of 15615

>>In Q2, it reduced debt by $2.4 billion and increased cash by $700 million. The company is in much stronger financial position than in prior quarters, yet there is more fear now of a funding shortage than before..... interesting market psychology.<< But isn't this kind of misleading (edit in: not implying that YOU were trying to be misleading) since we expected the CZN deal to come through with the cash? So now the bottom line is debt over cash 3 to 1, not exactly solid ground given today's mkt environment. True? Jason