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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Howard C. who wrote (4714)3/4/2000 12:52:00 AM
From: akmike  Read Replies (1) of 15615
 
In my read, Hindery reiterated the popular rhetoric that "I work for the shareholders" It is possible to interpret this that "we are for sale to an acceptable offer" which any CEO of a public company should say. It is especially easy for a CEO to say this if his employer (who is by far the largest shareholder) is telling him what might be acceptable. I don't believe there is any evidence yet to indicate that Winnick will sell to anyone on the horizon.
Winnick's equity position and market savvy, IMO, are at the head of a very long list that make this one of the best available investments.
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