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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (1478)8/14/1999 12:53:00 PM
From: mthomas  Respond to of 15615
 
Pleae note in this (and ALL) news articles that GBLX is not called a Start Up, but an Upstart. Are we blind to the fact that ATT and MCI and FON have considerable pull in being able to help depress the stock price of their foreseeable competitors?? Why do you put GBLX in the category of Telcomm?? This is a broadband play, and those entrenched players of Telcomm infamy want to weed out the good, efficiently run contenders. GBLX is getting hurt and those bailing out were not in this game for the right reason. GBLX is the only play happening against those named above. QWST is a Southern Bell puppet from what I can gather by reading BETWEEN the lines of the news organizations. Remember QCOM, and their fight for their rights.
And the FCC cold shouldered GBLX until the courts ordered fairness, but too late to pick up their prime market licenses.......maybe GBLX will not be able to overcome the investor ignorance of what is really happening to their stock price, nor the politically connected power of those named above, but it would be nice to see some more intelligence emanating from investors in this sort of enterprise. The game is not over till it's over, and inefficiently run companies such as ATT FON or MCI are doing all they can to keep GBLX down. They are far more concerned than the investors of GBLX. I do not even have a large investment in GBLX, but the play has all the right stuff. Martin