Globix (GEX): A Closer Look At This IP Transport Play
SummaryIn this post we are going to take a look at Globix Corp. (AMEX:GEX), a post-bankruptcy Internet services stock, that provides IP Transport solutions over a wholly-owned and operated high-bandwidth fiber optic network. Though we are not terribly excited by Globix´s risk/reward ratio at current share prices and do not own shares in the company, we thought a review of the company would be interesting to those looking for additional plays in the hot IP services sector. Furthermore, we think that the valuation of GEX provides some interesting insights into the potential upside in FiberNet Telecom (FTGX), another IP transport stock we´ve been writing about for some time.
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