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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: SecularBull who wrote (5703)4/20/2000 12:23:00 PM
From: gruetz  Read Replies (2) of 15615
 
I take a long term view on most all of my investments. My concern with the price action of yesterday and today reflects confusion about why the market is reacting negatively to the IPO's. You and others on this board seem to feel that management is moving down the path of an eventual sale. If the market has hit GBLX harder than most bandwidth companies due to concern about management's ability to execute over time, then their perception that a sale is imminent, if that perception exists away from this board, should be a positive. Surely, the assets of this company themselves are worth a significant premium over $28 per share. No?
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