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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: 249443 who wrote (12113)6/20/2001 3:02:54 PM
From: Emile Vidrine  Read Replies (1) of 15615
 
"Global doesn't have its cash cow any more"????

Let's see if we can all grasp this NEW scenario:
if CZN deal fails, then GX tumbles we still have our "cash cow" but also have difficulties completing network. A net NEGATIVE.

if CZN deal goes through we lose our "cash cow" but have enough funds to be called "fully funded". Another net NEGATIVE.

Longs simply can't win with this kind of reasoning. We're damned if we do and dammed if we don't.

So this translates into: next Friday will be down if we sell CZN and down if we do not sell CZN. I can no longer handle this game of high finance. Somebody please help!
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