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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: thebeach who wrote (554)3/31/1999 8:00:00 PM
From: Bill Watkins  Read Replies (1) of 15615
 
The stock got way ahead of itself. (Up 250+ % in 6 mos at Wed close), The market is digesting the FRO acquisition. The fundamentals have not changed. Still a great company with superior management in an area, global communications, that can only go one way....UP.

Could be a big fall coming....but I would be real hesitant to bet serious money on that. I agree that you have to watch all investments closely. But, if you do day to day comparisons vs. the overall market and other stocks you'll soon be on Zoloft and Zantac.

Anti-depressant
Antacid

Bill
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