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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: mthomas who wrote (2576)10/12/1999 5:59:00 AM
From: John Biddle  Read Replies (1) of 15615
 
...these guys may not care too much about shareholder value at this moment in time, but down the road it will look like they were doing the best they could to increase shar-HOLDERS' value, not momentum players' value.

Do you believe that management doesn't care about shareholder value, or are you just unsure?

My belief is that the long term value of the company is the only thing the company should be worried about. Any effort to prop up the current price comes at the expense of effort better spent on building the business.

You see the long term approach management is taking, so don't worry.
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