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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: jopawa who wrote (9487)12/13/2000 11:47:55 AM
From: CRL  Read Replies (2) of 15615
 
Is there any reason to believe that Winnick would sell now at $38 when he wouldn't sell for $90 a year ago? GX is now stronger, better financed and closer to full network completion than it was then. Does anyone believe Winnick HAS to sell before he gets what HE considers fair and full compensation for the value created?

Winnick knew Frontier was leaving a huge amount of value on the table. And he knows he'd be doing the same thing at $38. It's not going to happen.
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