GLOBAL CROSSING: wieder STRONG BUY - 500 Beiträge pro Seite

[rico2]

audio-file:

http://biz.yahoo.com/oo/001016/41107.html


Prudential started GBLX "Strong Buy"

* We are initiating coverage on Global Crossing Limited with a Strong Buy Rating and a 12-month price target of $50 per share.
* Global Crossing is the world’s largest independent operator of subsea fiber networks. This network reaches into the United States, Europe and Asia, and
should span the globe with 101,000 route-miles at completion in 2001.
* We believe that Global Crossing has a huge strategic advantage inherent in its global network assets, and that the key is to leverage these assets by providing global network-based services and by diminishing the importance of
raw capacity (or IRU) sales. We see just such a transition now occurring.
* In a move that surprised some of us, Leo Hindery, stepped aside as CEO last week after only seven months. Global Crossing veteran Tom Casey replaced him.
* We believe the company’s strategy remains intact, and we fully expect the company to continue to execute on its business plan.
* Casey’s legal and investment banking background have fueled deal making speculation, and the company has occasionally been maligned for M&A activity. However, in our view, the company has amassed a track record of very smart transactions.
* The company is fully funded through 2001 and we expect robust cash revenue and EBITDA growth in 2000 and 2001, thanks to strong demand for international data capacity and a growing focus on network services.
* We see Global Crossing as a good way to play the rapid growth in demand for global telecom services. We would be buyers of Global Crossing shares, particularly at today’s levels.

STRATEGY
We believe Global Crossing’s global network is its core strength, and the key is to leverage these assets. Global Crossing’s network should extend 101,000 route-miles at completion in 2001. This network spans the globe and reaches
into the United States, the UK, continental Europe and Asia. In addition to all major ocean routes, it has a terrestrial presence in the United States (Frontier), Europe and Asia. We believe that Global Crossing is in the process of a successful transformation from a seller of “raw” capacity to a provider of advanced services. The company was founded in 1997 as a constructor of subsea fiber
optic systems. At that time, the company was in the business of selling indefeasible rights of use (IRUs), or essentially “raw” capacity, to a chronically underserved market. We see a transformation to a more diverse,
more value-added focused company. The company has done this largely by piecing together strategic assets that increase its network reach and product capabilities. Importantly, we believe this is critical to the company’s ultimate success. Reflecting this, we believe the focus going forward will be on selling higher value-add data products to corporate and government customers including multinational corporations (MNCs) and financial institutions. Global Crossing has a reputation for deal-making rather than operations, but we see a series of smart transactions and an underlying focus on execution. The company is occasionally maligned for its track record of deal-making. These have sometimes been controversial, and we think this reputation has hurt valuation. At the same time, the company’s strategy has not always been clear. Underscoring these transactions, though, we believe the company has successfully entered into a series of deals that clearly propel its strategy forward.. That is, the company will leverage its core strengths to deliver advanced network services to a global market.

[Müller-Lüdenscheid]

Hallo Rico2,
das sind ja gute Nachrichten, dachte schon ich hätte mit meinem Kauf von Global Crossing wieder mal daneben gelangt.
Wie immer habe ich zu teuer gekauft da ich der Meinung war das die Korrektur vorbei sei. Soll man jetzt nachkaufen um zu
verbilligen oder soll ich noch etwas warten? Bin etwas ratlos da im Moment kein Trend erkennbar ist.
Grüße Müller-Lüdenscheid

[MarkKronenberg]

GC ist bankrott
Aus sicherer Quelle
Schade ums Geld,aber nicht zu ändern
nachzulesen bei onvista

[beovoxx]

Ja,ja und Broadvision auch pleite (auch bei OnVista lt. Mark).
Wahrscheinlich Microsoft auch schon und wohl möglich auch General Electric.
So `ne Spinnerei am frühen Morgen schon.

[tradermatrix]

während in den entsprechenden informerteilen (comdirect, wallstreetonline) nüschts über die ticker läuft, meldet www.tradewire.de unter nachbörslichen ergebnismeldungen, daß globalcrossing die erwarteten zahlen übertroffen hat. erwartet war ein ergebnis von -0,79 und es ist 0,65 geworden. allerdings handelt es sich um eine kurzmeldung ohne angaben zu den umsätzen. bei afterhours.com keine hinweise auf global crossing, könnte natürlich zu spät eingetroffen sein. die kursentwicklung hier in deutschland ist wohl etwas verrückt, da weit unter den amerikansichen werten. da haben es wohl ein paar mit den nerven gekriegt. ich denke mal, im laufe des tages wird die informationslage sich verbessern.

mit freundlichen grüßen

[beovoxx]

Geh# mal bei "bigcharts" rein. Dort ist alles ausführlich aufgelistet, aber in englisch.

Gruß Beovoxx