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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: gruetz who wrote (7847)9/20/2000 10:51:30 PM
From: Theophile  Read Replies (1) of 15615
 
My Opinion: the sector will be pushed down as hard and as far as possible by the Big Kids, until the prices are so compelling they will then be able to trade them back up for another harvest of dollars. Set up a telecom watch list, watch the percentage drop, not dollar drop of each. GBLX was the least hit today on mine, but I do not watch all. What am I looking for? Time to profitability, risk.
LVLT had less risk; now, with increasing pressure on margins anyone with a longer time to light up the net will have more pressure. Whoever is closest to profitability will possibly rise out of the ashes first. Not WCOM, not T, got ideas?
Regards,
Martin Thomas
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