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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: SecularBull who wrote (6008)5/3/2000 12:17:00 AM
From: Captain Jack  Read Replies (1) of 15615
 
LoF -- Yes,, critical as things could be better but the numbers are good. WS at this time is no longer rewarding a smaller loss as they did in the past. Actually any company not operating in the black is no longer in great favor unless the $$ are coming in a very tight time frame. No longer is 5 years out soon enough. A short time frame is required and must be accomplished or the stock will be serverly punished. No longer can the time frame not be defined. Recently the online brokers (egrp and amtd etc) posted profits even though that was not their plan,, still they were punished but only as all financials were and continue to be thanks to the FED. gblx will recover somewhat when the mkt does. As it will take longer than my timeframe I'll be happy with a smaller loss and move on when that happens and I'll not avg down as their are others that look better at this time,, but that changes hourly in these strange mkts..
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