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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: JDN who wrote (5424)4/13/2000 8:59:00 AM
From: MDGO  Read Replies (2) of 15615
 
My Beef is largely with stock brokers and analysts who advise the switching into old economy stocks then switching
back into the oversold new economy stocks, then back again
to old----etc.,etc. all for their profit. Also troublesome
is that Investment bankers, brokers, analysts, underwriters
etc. report to the same management at GS,ML,CSFB, MSDW,SSB
etal. Seems to me a conflict of interests and probably
collusion.
Re-GBLX. They have a great business model, are executing
ahead of schedule, demand is doubling every 9 months or
less and they have "storewidth" which GG considers essential
for success.
I may be a little impatient. Got to give it at least another
year.
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