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


To: Sir Francis Drake who wrote (13592)8/22/2001 7:49:09 PM
From: Bonzo  Read Replies (1) | Respond to of 15615
 
<<Especially that a debt restructuring and/or captial infusion may be necessary for GX to survive? Hmmmm, grim, and grimmer if you think about it.>>

I think its way too early to call for a capital infusion. Lets not sound GX's death knell just yet. From the last CC GX management has indeed revised Q3 downward but are projecting growth for Q4 and beyond. Other than one missed estimate (Q3), Management has a pretty good track record with their previous projections. I think it prudent on my part to wait for Q3 and Q4 results before jumping into the bear camp at less than 5 bucks.