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Technology Stocks : GX Investors Thread

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To: Maurice Winn who wrote (536)2/14/2002 12:12:17 PM
From: Selectric II  Read Replies (1) of 586
 
If Global Crossing is anything like Globalstar, which I know a lot more about, it will have been an appalling chain of bad management and marketing leading to a dead end when it need not have been the case at all.

OT - Re Globalstar.

I'm not convinced the investors and public really do know about Globalstar, or ever will. I think their "negligence" went beyond being bad and incompetent. I think there were players in that system who wanted it to go down and planned for it to happen, for their own selfish reasons having to do with either competition with their other services and/or wanting to swipe the system debt-free out of bankruptcy.

NO ONE could be as "negligent" or "stupid" as the GSTRF consortium was, just by accident. Like seeing a red light and stepping on the accelerator. IMHO.
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