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

To: tech101 who wrote (27)	4/4/2007 12:28:11 PM
From: tech101	Respond to of 70

By: en_ron_hubbard 04 Apr 2007, 09:35 AM EDT Msg. 6204 of 6206 (This msg. is a reply to 6202 by toes_that_twinkle.) Toes-- from an analyst report out this a.m. __________________________________________________________ Global Crossing M&A likely to focus on US entities with access – Following the 4Q06 investor conference call, the company held a series of meetings with investors where it made itself available to answer additional questions relating to the quarterly results, the outlook or the acquisitions of Fibernet and Impsat. During those discussions we believe it was clear that the Impsat deal would not likely be delayed significantly beyond the targeted April 1 deadline. Further, with respect to potential future strategic acquisitions, we believe it is clear that the US has again taken top priority for the first time in several years. As such, we believe the company is in search of an asset that simply extends the company’s reach deeper into local markets so that it may reduce its overall levels of access costs paid to other carriers. Considering that such fiber intensive assets cannot be purchased without significant dilution, we believe the company would be more than happy settling for a company that already has in place use of such assets from another company at reasonable prices. Whatever the target, based upon prior acquisitions and management’s own commentary, we believe the acquisition would be accretive to the EBITDA. _________________________________________________________________ I think they (GLBC) are a buyer if the deal positions them better, and they are a seller if they get the right price. We will see. ragingbull.quote.com