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

To: Elroy who wrote (14111)10/2/2001 1:15:55 PM
From: Bonzo  Respond to of 15615
 
A Briefing.com Technology Analyst on ON24 this am says to avoid GX as its ability to service its large debt is contingent on revenue growth which is questionable in the current environment.

As an aside, MFNX received $611M in financing to stave off Chapter 11. MFNX did lower revenue for this year by some 15% in that release but says they will be EBITDA positive in early 2002 one year earlier than previously projected.


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