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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: lazarre who wrote (904)5/15/1999 4:21:00 PM
From: Nick Papa  Read Replies (1) of 15615
 
Another opinion.

At first glance of the FRO deal, I was skeptical, as was the market (based on the quick drop). But as the news sunk in and the market reacted positively, it appears that the consensus was (is) that FRO was an excellent move.

I believe the same will happen for the US West deal. If the stock price at the end of the day on Friday was any indication, the market may like the US West deal even better than the Frontier deal.

I'll base my interpretation on 'good vs. bad' through the movement of stock price. Yup, the market is smarter than I am. Yup, I'm long.

So far, so 'good'.

PS. What does LOL mean? Sorry, I'm a dope.
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