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Technology Stocks : GX Investors Thread

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To: carranza2 who wrote (222)8/30/2001 8:46:25 PM
From: DWB  Read Replies (1) of 586
 
GX as an investment boils down to two questions you have to answer...

1) Will GX be able to service it's debt without shareholder dilution or elimination (a la bankruptcy) in the coming months. From all I can see the answer from Wall Street is no, and my answer is yes, given things don't economically go into a depression.

2) When will the economy start to rise again? If GX is still alive (see question 1) then Wall Street still doesn't want anything to do with telecom until the outlook is clear to them and they can see profits. GX should be able to dominate once the market starts to pick up... I look for the recent interest rate drops to have their normal affect with the corresponding 9 month lagtime for the economy, and late this year (probably around Christmas) things should be picking up.

Depending on how you answer those 2 questions, an investment in GX is simple, and at these prices quite a bargain.

DWB
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