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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: AurumRabosa who wrote (2620)10/12/1999 10:02:00 PM
From: Retired Eagle One  Read Replies (2) of 15615
 
thanks for your message. its nice to see someone from the inner circle - exposing some knowledge about the inner workings of corporate finance.

In the past i traded copper futures in the 70's on the COMEX for myself; another time I as an officer of a major bank in new york city; trading corporate bonds. so i have a little knowledge of how corporate finance officers get thir jobs after clerking for a few years as a large bank's vp.

Gblx will not be effected by the bear market. Much of its holdings is in assets of other currencies; its major investments are offshore; its the darling of the one-worlders - this will be the global of all global telcom/commos - same crowd that pushed the INF treaty during th bush administration are behind this company - except its political/economic/power reaches at will into any national government's power click to get what it wants; this stock is bullet proof; nuke proof; and fed proof. notice yesterday how CNN came on strong for GBLX - all the global trading departments of the international banks are in this one for the long term. they all hold huge amounts of GBLX and they are looking at a five year investment horizon. Goldman Sacks is making a bundle advising GBLX and they for sure know that the stock will not drop - because Goldman Sacks wants GBLX to go through them for more mergers and it cannot be done if the stock goes down - it has to go up. and its legal!!!
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