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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (212)	8/30/2001 4:29:00 AM
From: Theophile	Read Replies (1) \| Respond to of 586

Globalstar missed so many execution targets I could not understand how others stuck around for the finale. I know that many (such as QCOM) had no choice but to stick around, but individuals? Forsooth, why? Global Crossing has missed no executions, but similar to GSTRF the GX play has some big obstacles, debt being one of them. GX does not have an obstacle such as GSTRF had, whereby one of the partners-in-business clearly would prefer the company to die (speaking of VOD) rather than to succeed. <<<<>>>>>. Interesting post from a wireless thread, refers to SBC and Qwest, and demonstrates some of the extent of the telecom damage: "Mr Dykes said the carrier had also sold more than 40 per cent of its stake in long-distance operator Qwest Communications as part of its efforts to "redeploy resources". Analysts said they believed BellSouth was distancing itself from Qwest to pursue opportunities with its competitors and potential acquisition targets, once it received regulatory approval to offer nationwide long-distance services. BellSouth's international investments have been hit hard by a weak global economy, inflated valuations, extraordinary debts and technical obstacles, which have brought the once high-flying telecoms sector to its knees. Its stake in E-Plus, worth $12.6bn when the investment closed in February 2000, has lost 94 per cent of its value. The investment is exchangeable for 200m shares in Dutch carrier KPN, which owns the other 77.5 per cent stake in E-Plus. news.ft.com. So, Qwest sold off GX, and SBC sells off Qwest....and everyone is selling off ATT. The question remains, which ones have a possibility of recovery, even when the economy recovers? SBC will do well, as they have a well developed plan for wireless. T? Q? WCOM? GX? GX is naught like GSTRF, Maurice. It is under the ocean, silly, not out in space. Martin

To: Maurice Winn who wrote (212)	8/30/2001 9:55:14 AM
From: DWB	Respond to of 586

Mq, If you are interested in learning more about GX, this is the right place. Here's a transcript of a presentation given by the CEO a few months back that gives a good overview of the company. Message 16075955 DWB

To: Maurice Winn who wrote (212)	8/30/2001 12:04:21 PM
From: DWB	Read Replies (3) \| Respond to of 586

Mq, As a follow up to my last response with the linked message, I went back and started reading the transcript again, and was shocked by the stark contrast of just the first two paragraphs of Casey's description of the company vs. the situation we underwent with G... The Global Crossing story is an exciting one. Global Crossing has the biggest network in the world, and it is almost complete. We have delivered on time and on budget, which is an especially remarkable feat given the size of the network. This has been especially valuable for us in building credibility with customers. The network is an important piece of our infrastructure, but customer sales really drive the business. In order to guarantee success, Global Crossing must exceed customers' expectations, not just meet them. To be a successful customer-focused company, we needed to transform the organization from a construction business to a service provider. We have accomplished this. We have shifted our focus from building to customer services. We have shifted from acquiring new assets to integrating them. Today, Global Crossing operates as a single, globally integrated company. What? Focus on the customer and sales (no G " the system will sell itself at our high prices")?!?!?!?! Exceeding customer's expectations (no slow/delayed/rollout, lack of marine/car kits, and the drip, drip, drip roaming agreements)?!?!?!? Transforming itself into a service provider (Services, we don' need no steenkin' services)?!?!?!?!? A single globally integrated company (No Vodaphone... no exit 1... nowhere else to lay the blame)!?!?!?!?!? We could start calling GX the anti-G*, if the stock would only start moving higher... DWB