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Technology Stocks : GX Investors Thread
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To: Bill Fischofer who wrote (142)8/27/2001 11:53:55 PM
From: Theophile   of 586
 
GX's stock troubles began with the Annunziata/Hindrey/Casey CEO revolving door

While I agree the stock price troubles were concurrent with the above events, and certainly they were fuel for FUDD , I continue to see the wisdom of bringing in professionals in their particular field to achieve what they did, and then replacing them. A quarterback seldom kicks field goals. The share price hit when Anunnziata left was tied in with the Canadian Banks pulling out, presumably knowing that once he left, the prospects of a buyout of GX were minimal to zero.

The revolving door was not the cause of share price collapse; otherwise, show me the revolving door at LVLT.

Achieving their goals cost money. Did GX or did GX management Not achieve their stated goals? I feel it is only the mark of fear and unknowing which colour the side of berating GX management for the share price situation. I have something else I am pondering wrt the extent of the collapse, and will post that soon. More theories<g>.

Martin
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