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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: JDN who wrote (2457)10/8/1999 9:03:00 PM
From: mthomas  Read Replies (2) of 15615
 
A-B-S-O-LUTELY I agree, no takeover for less than $90 would be fair. I expect and know that my money is on GBLX for a triple by next February, and any takeover now is trying to get ahead of earnings on November 3. After that, the sky will not even limit this uniquely positioned company. I have fought since $59 for GBLX, and I do not want to see it go for less than $90. Besides, all the short term gains will be taxed, because anybody like Bell South or another bloated inefficient behemoth will just chew up the take-home and leave me with worthless stock certificates, appreciating at less than market returns. I want to keep GBLX a Pure Play, and get a seven bagger by next Autumn. Speak up, don't sell.
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