Global Crossing - GX (formerly GBLX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Global Crossing - GX (formerly GBLX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gruetz who wrote (9019)	11/14/2000 7:51:07 PM
From: rhkohnen	Read Replies (1) of 15615

Like or not there is controversy over dropping bandwidth prices and expanding bandwidth usage. The performance of the Internet Sector, which is a big user of bandwidth, gives credance to the other sides argument, for the near term. The way I see it is if I am an institution do I put my money here where there is uncertainty or do I put my money in bonds where I am sure that Greenspan is going to lower interest rates. I feel that we will have to wait till Spring before GX is discovered and the issue become less uncertain. If it happens sooner, great, but right now I am preparing for a long wait with the possibility of revisiting lower levels. I felt today should have been a 3-5 point day with this report and market. But as Sir Francis Drake said, breaking 20 hurt GX and has put uncertainty in the minds of investors. Hopefully we go back over 20 and investors start to regain confidence. Best Regards Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next