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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (30956)7/31/2000 9:33:57 PM
From: DlphcOracl  Read Replies (1) of 57584
 
Any opinions on GBLX?

GBLX is one of the "Stocks I Love to Hate". It has unique assets and is in the right space in all the right places, yet its been one of the year's most disappointing stocks. It closed today at $25, which is near its 52-wk low. I sold out of it earlier this year because I felt that the Street regarded it as similar to Amazon.com -- a world of potential and promise, with never-ending acquisitions, more and more red-ink, and ever-widening losses.

At some point, GBLX becomes an intriguing value play. Does anyone have a feel for this stock? Is it a takeover candidate? When would you enter it (or would you)?
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