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Technology Stocks
Global Crossing - GX (formerly GBLX)
An SI Board Since August 1998
Posts SubjectMarks Bans Symbol
15615 141 0 GBLXQ
Emcee:  cardcounter Type:  Unmoderated
GBLX's IPO is scheduled for Friday 8/14 (tomorrow). Tentatively priced between $17 and $19.

GBLX provides global Internet and long distance telecommunications facilities and services. The co. uses a network of underseas digital fiber optic cable systems and associated terrestrial backhaul capacity. Global Crossing provides a tiered pricing and segmented products to licensed providers of international internet and telecommunications services.

Here's what TheStreet.com has to say about GBLX:

thestreet.com

Another Global Crossing thread exists, but they got the ticker symbol wrong, so this thread will either be the main discussion thread or just a referring point to the other thread. Here's the link to the other thread:

exchange2000.com

Keep in mind that approx. half of the IPO's that came out this year lost money.

Finally, please share any newz, links, etc concerning GBLX, but spare us the off topic chatter, annoying touting/hyping, and rumor bs. Thanks in advance for your cooperation.
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ReplyMessage PreviewFromRecsPosted
15615Earnings for GLOBAL and LEVEL3: telecomramblings.commlkr-10/28/2009
15614True..it doesn't unscrew the shareholders. As a non-shareholder who watchedshadowman-8/15/2004
15613Highway Jim, Right! That's what I'm saying. ShalomO'Hara-11/5/2003
15612To all...I have 300 shares of this junk. I assume it will eventually go to zeroHighway Jim-10/25/2003
15611yes. It hit 7.25 the other day and is now back down to $7.cfoe-9/25/2003
15610cfoe, 7c in the dollar is up a lot [from the low]. MqMaurice Winn-9/24/2003
15609Thge GX quote is from my broker (UBS). The $7 quote should translate into $70 pecfoe-9/23/2003
15608Hi cfoe, <<i>Anyway, bonds now at $7</i>> Where did you get thMaurice Winn-9/23/2003
15607I understand another group from Singapore is bidding on GBLX. This is not the sacfoe-9/20/2003
15606I did not realize XO was CArl Icahn and the news was he is bidding $700MM for thcfoe-6/2/2003
15605I don't own the bonds, but I would suspect it may have something to do with IKM-6/2/2003
15604Anyone who own bonds notice price has almost doubled in last week or two to $5 (cfoe-5/19/2003
15603easy... he just posted some news. we all know we were screwed.vds4-12/31/2002
15602So what, Doesn't change anything for shareholders. KGKrikor-12/31/2002
15601Amen! Global Crossing Chairman Resigns By SIMON ROMERO Gary Winnick, who made shadowman-12/31/2002
15600Yeah, and they are turning the most modern WorldWide system over to a company coJDN-12/2/2002
15599As always, the stock holders get the shaft and the execs, and the bondholders geElliot Gittleman-12/1/2002
15598Enron Lives as Penny Stock GP: Thanks to Arcane Lore for posting this article SJames Calladine-11/30/2002
15597Bonds jumped from $1.50 to 2.875. Is this due to reorganization plan vote?cfoe-11/26/2002
15596Well, if it makes you feel any better I am in about the same boat.DHE-11/18/2002
15595hmmm if your broker says you "probably" got screwed, sounds like he marrufff-11/18/2002
15594I dont know SQUAT about this except my broker said I probably got screwed. On tJDN-11/18/2002
15593Do you know what bondholders will receive?DHE-11/18/2002
15592Why start a new thread, just continue it here. I read them and all I can say isJDN-11/18/2002
15591Anybody want to start a thread and discuss what the Bankruptcy papers mean?asner-11/17/2002
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