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Technology Stocks : GX Investors Thread

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To: KJ. Moy who wrote (36)	8/21/2001 11:03:28 AM
From: M. Charles Swope	Read Replies (1) of 586

<GX's network is equivalent to ... rental properties in the Boston downtown area 10 years ago. ... they go up in value everyday> Yes, but why do the rental properties go up? It's not based on how much it cost the developer to put them up or how much it would cost to replace them. It's based on the income those properties will produce. Valuing GX on the cost to replace its assets, without considering the return on those assets leaves something out of the equation.

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