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


To: CF Rebel who wrote (960)5/19/1999 1:18:00 PM
From: AJ Berger  Respond to of 15615
 
Could this be why US West is kept separate?

GBLX just bought a long distance carrier,
and now they want to merge with a local
phone provider. I though since the AT&T
breakup, companies could not do both?
Could this be why US West must be kept
at arms distance from Frontere?

Can anyone justify today's wild price
swings between $55 and $60? we knew
about this deal for days, and now the
stock is going loco?



To: CF Rebel who wrote (960)5/19/1999 1:57:00 PM
From: MAX404  Read Replies (1) | Respond to of 15615
 
Rebel
You are on to something. Following on the oil distribution near monopoly metaphor, if you were Rockefeller, what would you do? Corner the oil markets. Well, content is not like oil, in that it doesn't need to be pumped and refined, but it does need to be refined (if you pardon the phrase). I wouldn't be surprised if he goes after content producers. But not the kind of dreck I watched every night in my NY hotel room last week called Talk Soup (funny as shit) where, out of the box as it may be, is just more TV. The hunt will be on for valuable content, value because it has corporate data (Intel Server Farms), value because it is refined (good info source), value because people will pay for it. To lock that content up he needs to lock up the endpoints of the network. That's why the DLEC comment is so prescient.
Later.