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Technology Stocks : GBT - Global Light

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To: Madharry who wrote (170)9/22/2000 2:57:00 PM
From: Sir Francis Drake  Read Replies (1) of 223
 
Armin, you are right. Thank you for sharing the IR info. Nothing strictly new, but nice to hear that there isn't some horrendous news hiding (and if there is, maybe the wouldn't tell anyhow<ggg>).

I bought in yesterday at 5.5, too early as it transpired, because of the stupid INTC situation. As transpired, today I could have bought cheaper. My bad. However patience is the key here. If there is no major sell-off Monday, perhaps this selling will have abated. Not that anyone has any stomach for any more telecom stocks, but I grabbed some FTHL today when it was breaking 9 1/2 - seemed to me just insanely cheap - ask at 10 1/2 right now (positive for the day), but if it heads down I'll sell in a heartbeat. Perhaps this is the bottom, though I wouldn't count on any rapid rise - however, if you can wait 5 months (Jan 01), I cannot imagine that both GBT and FTHL will not be substantially higher than they are now. Is it worth waiting that long? Everyone must answer for themselves!

All IMO.

Morgan

P.S. Speaking of opportunity costs - there are always those... CFLO and JNPR both up today, while my GBT...
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