Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: CF Rebel who wrote (6499)	6/14/2000 12:06:00 AM
From: RobertSheldon	Read Replies (4) of 15615

An Equant acquisition is definitely a bittersweet idea. For us beleaguered shareholders, it would hurt so good. As a fellow with a rather large position in GBLX, I would consider the acquisition of ENT absolutely fantastic. The markets would promptly sell off GBLX regardless of synergies and probably drive the stock into the teens . . . this is where I would happily step up to the plate with a tremendious amount of capital (not all mine) and buy without any concern. People do not understand what is going on here - as is demonstrated by the snivels I often hear on from sea to shining sea (no kidding). If anyone truely has a long term horizon, they should be cheering any weakness as a great buying opportunity. I know we all like to see stocks rise, but there comes a time when it is even more important to buy low.

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