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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: Bill Fischofer who wrote (11806)6/15/2001 4:46:12 PM
From: CRL  Read Replies (1) of 15615
 
Well said!

I have heard nothing confidence-shaking. GX and AGCX just are not well understood, either by the street or by the bulk of "casual" stockholders.

Several months ago I suggested that Winnick et al had given up on the notion that telling the story well would affect stock price; that they had resigned themselves to the fact that they just had to DO what they said they'd do and that ultimately the numbers would prove so compelling they would open people's eyes to the true power of this company. I still believe that it true.

It's quite clear that nothing GX has said has made any difference. In fact, not even consistently beating targets, completing network segments on time and on budget, signing major deals, getting major approvals, etc. has made any difference. But this stock price, IMVHO, will trace out a powerful "hockey-stick" sometime in the next 12 months. I don't know when, but I am betting a lot that it's WHEN not IF.

Patience and fortitude to all!
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