Global Crossing - GX (formerly GBLX) | Stock Discussion Forums

To: akmike who wrote (4475)	2/22/2000 10:45:00 PM
From: gilderite	of 15615

I would pay big money to have dinner with Winnick. He's got 100 million shares and an obvious game plan. He doesn't care what the street thinks; if he did, he would have announced the new purchase on Friday, when he knew the stock would tank because of the new revenue structure. I don't exactly know what he's up to, but I've bet my money on him executing GBLX better than any other stock, so I'll have to wait and see. I love the guy; he's a genius like I've never seen before. Today's purchase was proof positive that he's on the right track. If only the blind could see... Buying more tomorrow if it dips to 45. I own GBLX at $50, 22 and 36. Buying more tomorrow if it hits $45 It might take a while, but GBLX will make us all rich one day. I'm sure of it.

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (2)

To: Bill Fischofer who wrote (4467)	2/22/2000 11:45:00 PM
From: Bruta	of 15615

Couldn't agree more Bill... it is a stroke of genius, and a very aggressive move. You have to be impressed with the unbelievable speed with which the management put together a network of such size and quality starting from junk bonds a couple years ago. WStreet is slow to appreciate telecom mergers (GBLX-FRO, WCOM-Sprint etc) and that gives us plenty opportunities to pick our spots as buyers (as many in this board I bought more today). I would not underestimate the fact that GBLX has three future IPOs to come either... One day the difference between the traditional telco and the fiberoptic telco will become apparent to everybody in WStreet... by then GBLX's global reach will be challenged (maybe) only by WCOM. Very long GBLX

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)

To: Bruta who wrote (4479)	2/23/2000 12:09:00 AM
From: Bill Fischofer	of 15615

Re: GBLX mischaracterizations I always smile when press reports refer to GBLX as a "long distance phone company". It's reminiscent of the way EMC used to be called a "disk drive company". Amazing how a 10-20 fold rise tends to clarify the Street's perceptions. It happened with EMC and it will happen with GBLX. What is most remarkable is how GBLX is able to close its deals so quickly. While Q is still trying to get approvals for its USW deal and WCOM will probably take another year to absorb FON, GBLX has closed FRO and Racal Telecom, formed Asia Global Crossing and Hutchison Global Crossing, partnered with LVLT on AC2, and now is buying EXNT and IPI which it expects to close in 2Q00. These folks really know how to do business at Internet speed. It's no wonder that the best and brightest telecom managers have been beating a path to GBLX's doorstep over the past year. I'll be very surprised if GBLX's market cap doesn't blow right past WCOM, T, etc. over the next 2-3 years.

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (2)