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: JDN who wrote (2457)	10/8/1999 7:30:00 PM
From: Bonzo	Read Replies (1) of 15615

JDN I agree with you. $50 is not enough to compensate the 1-3 year appreciation potential that GBLX has. The business model is too compelling. This management is too savvy and I doubt they would sell for anything less than $70 now if at all. This ain't no TAVA (inside joke). remember, SSB has a one year target of $70. GBLX has traded as high as $64 without Frontier which has brought significant revenue, traffic, clients and technology to GBLX. Why should GBLX take $50? They won't. Winnick, imo, will not sell for $50. Not to DT, BT, BLS, QWST or anyone else. If you watched and listened to the Telecosm conference last week from Reno, you know Winnick's long term plans do not include a buyout now. Now if someone wants to partner that is a different story. JDN and all longs, Good Luck, this is a great 3-5 year stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next