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.

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

To: D. K. G. who wrote (60)	10/27/1998 7:25:00 PM
From: M. Frank Greiffenstein	Respond to of 15615

Some answers... 1) Am I trading this stock? I have been, but I am trying to decide whether to just move GBLX to my long term portfolio and just buy more on dips. I re-entered at 18 2 weeks ago. Today's 300% earnings surprise makes me believe that revenues are ramping much quicker than anticipated. We could be seeing an AOL develop here. Or better yet, a new ATT. 2) I am not worried about needing more capital. If the result is a worldwide integrated network of high bandwidth cable, who cares? Needing capital to build infrastructure is fine, needing capital to stay afloat would be bad. 3) I read that TSC article. My response is that companies that are first have an advantage. Of course, that does not guarantee future success, but I am convinced the lead is far enough to reduce uncertainty. DocStone

To: D. K. G. who wrote (60)	10/27/1998 7:31:00 PM
From: Teddy	Read Replies (1) \| Respond to of 15615

Replay of Conference Call: 816-650-0606 Very good information in that call. Some of the questions asked on this thread are answered in the call. The entire network (except recently announce PEC) has already been funded (and funding for PEC is not a problem: Bank financing and selected dark fiber sales). There is no other independent company at this time that is building global network to sell wholesale bandwidth. (and AT&T, BT, MCI Worldcom[UUNet] have already purchased bandwidth on Global Crossing's network in addition to the networks that they are building). The key to this whole project is that they are selling wholesale bandwidth to carriers and offering city to city connectivity. My silly guess is this is a $90+ stock before 2000. Of course I wouldn't bet my lunch money on it, or any other stock. <G>