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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who started this subject6/4/2001 11:00:38 AM
From: trainleaving  Read Replies (1) of 15615
 
Question......

I was wondering what opinions there are about a potential buyout offer for GX once 1) the network is complete and 2) the CZN deal is complete. I would think that any potential suitor would be more inclined to wait until these two events took place. Although, I don't think it is Winnick's intention to sell, and I'm not sure who would have the necessary capital at this time to go after GX.

Would some of the institutional shareholders, disappointed with the share price, accept a buyout offer over waiting for long-term gains?

I'm in GX for the long haul, but I'm just wondering what events might be triggered by these two significant announcements taking place over the next month or two.
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