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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Ibexx who wrote (4391)2/18/2000 12:43:00 PM
From: Theophile  Read Replies (3) of 15615
 
Well, I know that and you know that...but like Peter Lynch said, 'it isn't what *I* think about my stocks, it's what *other* investors think about my stocks that makes them valuable..'

Well, I do not know how many retail investors read beyond the headlines such as "GBLX loss Widens", nor bother to look at the quarterly results and compare them with quarterly expectations, but I bet the big houses are looking at that report v-e-r-y carefully, and watching the stock tank v-e-r-y thankfully....and I certainly hope they are digging deep into their piggy banks for a rebound....after all, price/sales is what a buildout commands, not price/earnings.....in which case, we would be about 50% undervalued, no?
Martin Thomas
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