[42992] in North American Network Operators' Group
Re: Exodus Files Chapter 11
daemon@ATHENA.MIT.EDU (Roy)
Thu Sep 27 15:01:23 2001
Message-ID: <3BB37720.E1E1E035@garlic.com>
Date: Thu, 27 Sep 2001 11:59:44 -0700
From: Roy <garlic@garlic.com>
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To: David R Huberman <huberman@gblx.net>
Cc: nanog@merit.edu
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I am glad to hear such good news. However, I suggest you have your statement
reviewed by the company legal team. I know the SEC would be interested on
this seeming official statement from glbx.
Roy Engehausen
David R Huberman wrote:
> ...
>
> In no way does the financial outlook of Global Crossing and its network
> rely on Exodus. Our revenue streams continue to grow at a steady clip, our
> quarterly earnings report continue to reflect an EBIDTA-positive
> organization, and each day we sign up more and more customers, large and
> small, who utilize our 101,000+ route-mile global fiber optic network.
>
> Our network build was fully funded. With the sale of Frontier
> Communications by Global Crossing to Citizens Communications, Global
> Crossing was able to pay down more than 50% of its long-term debt.
>
> Global Crossing is in sound financial shape. Its long-term financial
> outlook is bright, our customers are happy, and we'll be here running one
> of the world's largest and fastest fiber optic networks long after many of
> our competitors close their doors.
>
> /david
>
> *--------------------------------*
> | Global Crossing API |
> | Manager, Global IP Addressing |
> | (703) 627-5800 |
> | huberman@gblx.net |
> *--------------------------------*
