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

To: Craig A who wrote (345)	3/11/1999 8:50:00 PM
From: Robert S.	Read Replies (1) \| Respond to of 15615

Highlights of latest GBLX research from ML: Hiring of R. Annunziata/ ML expects GBLX to undergo a strategic makeover Extension of pan-European Crossing (PEC) into 6 additional German cities Potential for new cable systems in SEA, SA, and Mediterranean Significant increase in long term demand and revenue forecasts/ Atlantic demand could be so large that not only will AC-2 be needed (scheduled for 2005) but also an AC-3 (for 2007). Their consultant believes demand could be 4 to 8 times the original forecast. *Planned launch of wholesale services, recurring revenue businesses/ ex. international private lines, ATM services, internet transit, US terrestrial backhaul network/hiring 40-60 salesmen in 1999 focused on the services business, 200 by 2001 Looking better all the time