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

To: zebraspot who wrote (208)	2/15/1999 1:19:00 AM
From: Urlman	Respond to of 15615

yeah wow ..I just stareted looking at GBLX because of Ryan Jacob SHAREHOLDERS' EQUITY Common stock (205,042,900 shares issued and outstanding) Treasury stock (10,866,879 shares) I do like the float however Float 21.0M Post Split 42

To: zebraspot who wrote (208)	2/15/1999 6:41:00 AM
From: Robert Scott	Respond to of 15615

15X Annualized Q4 revenue. Not that outrageous provided they can continue to grow revenues at over 50% per year for at least several more years. Still, there is little room for error here. The advantage they have is that they are concentrating in connecting Europe with US and Asia with US and in building terrestrial networks in Japan & Europe where rates are much higher than they are here. Considering that a significant majority of internet sites are in the US, and the growth of internet users in Europe & Asia over the next several years, the data flowing within & between those areas and the US will grow faster than in the US and overall the internet is growing 1000% per year (UUNet's estimate). Further, there isn't enough capacity between the continents so pricing pressure will not be to lower prices - at least not for awhile. At least this is my understanding.