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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Theophile who wrote (5476)4/15/2000 3:59:00 PM
From: Captain Jack   of 15615
 
Martin -- <<" why a buy-out would be considered.
None of us GBLX bulls believes a buyout is to our advantage,">>
Nothing happened but dilution and insider selling. If there were buyers they would not have cut the offereing back. There are less that would even consider buying any company now that their stock prices have made the purchase in effect much more expensive. Also WS will punish any buyer if the REV (no problem) or EARNINGs (thats the big killer) drop. GBLX is not making any money yet.
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