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

To: Frank A. Coluccio who wrote (134)	12/29/1998 3:52:00 PM
From: Kevin G. O'Neill	Read Replies (2) \| Respond to of 15615

>>At the present time, if you follow some of the recent PRs, you'll note that LVLT is buying into wholesale bandwidth from some of the pure play (or as close as you could come to pure plan in this business) fiber carriers. Most recently they acquired a ton of b-w, for example, from IIXC.<< Frank, it always seemed pretty natural to me that LVLT would "rent" pipes while building their own. Mazman's stated goal in post 126 was, "to get the top stock in each area of the coming bandwidth bottleneck ... by land (Worldcom), by air or last mile (Winstar), and now by sea with Global Crossing." My guess is that LVLT will be such a top stock for just the reasons you pointed out: Their alliances and inter-working group leadership, their "efforts at interoperability between legacy and emerging IP networking standards," and their "maximum effort right now into creating a long term framework for their IP (and I believe, evolving ATM-IP Hybrid protocol) infrastructure." --- >>A while back LVLT made an announcement that they were going to be using Corning's LEAF (Large Effective Area Fiber) product in their outside plant. At the time I thought that this signified an escalation on their part , i.e. to begin installing fiber in a serious way, resulting in: abundant levels of strands and derived bandwidth. But as of late, I've lost this sense, partially due to their change of direction, to purchase from others for now.<< I don't view this as a change of direction as much as a recognition that they have immediate sales opportunities that they can fill now, profitably, through pipe rental. This way they've also got customer momentum in advance of coming on-line with their own fiber. Their "direction" remains what was stated almost a year ago with regards their build-out activities, and their progress can be monitored at their web site, here: lvlt.com Their published timetable looks good for setting up Level 3 as potentially the most successful supplier to bandwidth crunch victims over the coming years, especially if they wind up being smartest in their utilization of the IP space. They also, for the same reasons above, stand a chance at attracting the cream of the high-tech market once they get their field sales forces moving in the cities they're just now "lighting up." All the best, Kevin