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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (127658)	10/5/2001 11:30:11 AM
From: TheStockFairy	Respond to of 436258

JP Morgan H and Q Spotlighted Comments on CSCO, JBL, SLR, FNSR, GX and ADTN 04/17/01 07:25 AM Source: JP Morgan H&Q Global Crossing (GX/$11/Buy) mkt cap $9.412B Spanning the globe… º We are initiating coverage of Global Crossing with a Buy rating and a 12-month price target of $29 º For the year, we expect the company to report cash revenue of $7.1 billion and adjusted EBITDA of $2.0 billion º In our view, the company has first-mover advantage among next-generation network providers because the key pieces of its network are essentially complete 360networks Inc. (TSIX/$3/Market Performer) mkt cap $2.599B Is there room at the inn for a late arrival? º We are initiating coverage of 360networks with a Market Performer; our valuation implies an equity value of $7 º For the year, we expect the company to report cash revenue of $2.5 billion and adjusted EBITDA of $1.9 billion º The company's financial flexibility is limited, and its cost of capital has greatly increased