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Technology Stocks : GX Investors Thread

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To: M. Frank Greiffenstein who wrote (496)2/1/2002 6:29:38 PM
From: Bonzo  Read Replies (3) of 586
 
Doc, I did apologize last October. I don't remember seeing Robert Sheldon on this board apologizing. By far the biggest shill of GX I have seen. My only disagreement with you was your anointing of Cramer as some Investor advocate. Quite simply he recommended GX at $18-20 and said nothing negative until it was in the low-mid single digits. He did better than I did but not by much. My October apology follows. Any other longs who believed in this corrupt "Enronesque" management want to fess up?

Message #14196 from Bonzo at Oct 4, 2001 7:08 PM

Doc, I thought you knew me better. This isn't about ego ala Cramer its about good or bad investment recommendations. I really started to recommend GX in earnest to my friends and relatives at about $10/share. And for a short time it looked like good advice as the stock quickly ran to $16. To those I apologize as I did not forsee the events that have taken GX down to a $1. Personally, I am looking at (by far) the largest loss in my 12 years of stock market investing. I trusted, to some extent, the previous guidance management had given. GX is not dead yet, but its lifeblood has been severely drained. I currently rate its chances at 50/50.
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