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Technology Stocks : WCOM

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To: VFD who wrote (5408)11/27/1999 5:26:00 AM
From: Caxton Rhodes  Read Replies (1) of 11568
 
GBLX is a screaming buy at anything under 50. You are looking for 300 plus minimum in 5 years. If the GBLX plan works it will be huge. Patience is key here, as it was with Qualcomm. The thing is that GBLX could take off anytime, and it is best to have a position now than have to pay 30% more if it shoot to 60, or 100% more if it goes to 90. Even then it would be a buy, but your returns on investment are less. With GBLX (and wcom) you are buying into the concept of mega internet use in the future. The question is, do you believe in Mega internet use? I do, and think that GBLX is sitting in the catbird seat in ASIA.

It will be so obvious in 5 years, one way or the other.

Caxton
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