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

To: Nick Papa who wrote (632)	4/12/1999 3:19:00 PM
From: Nick Papa	Read Replies (2) \| Respond to of 15615

Getting some good press today on CNBC/Dave Faber. Associated GBLX with today's bandwidth play. Also up were the regulars: WMS, LVLT, QWST, PSIX. Nothing really significant, though.

To: Nick Papa who wrote (632)	4/12/1999 9:51:00 PM
From: Nick	Read Replies (1) \| Respond to of 15615

Broadband stocks have made serious waves on Wall Street, as investors buy shares in firms that are leading the charge for high-speed Net connections. Among the big gainers of late are fiber optic network builders Qwest Communications International, Level 3 Communications, and the parent company of Williams Communications. Qwest shares have climbed steadily since the beginning of the year, from the mid-50s in January to the mid-90s today. Competitor Level 3 has seen its stock price jump 30 percent in a month's time. And Williams' shares have been in strong demand in the wake of a planned $750 million IPO for its communications division. To be sure, broadband stocks are on a tear. Analysts say investors have caught on to the potential of high-speed data networks to change the way we work and do business on the Internet. "Almost every derivative of the broadband sector has seen tremendous movement over the last two weeks," said Mark Langner, an analyst at investment bank Hambrecht & Quist. "The common thread is that all of these players either put customers on the broadband network or they take advantage of that broadband network."