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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: charger who wrote (11164)5/12/2001 2:37:06 PM
From: RobertSheldon  Read Replies (3) of 15615
 
*I think I'll wait for the telecom debt implosion to run its course a bit more before backing up the truck on GX.*

Trying to time the bottom is dangerous. Especially when you are trying to relate a set of problems in the sector to a company that is largely exempt from such misfortune.

Set out in advance levels at which you are willing to buy shares and then do so as those levels are breached. Our very fortunate recent purchases at $8.92, $10.10 and $11.30 were such events - yet we had no idea that the $8.92 was near the bottom (I hope it is though!).
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