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


To: pass pass who wrote (1663)9/2/1999 10:46:00 PM
From: J Gunn  Read Replies (1) | Respond to of 15615
 
americasnetwork.com

Found this lovely article.



To: pass pass who wrote (1663)9/3/1999 1:15:00 AM
From: Douglas W. DeVries  Read Replies (2) | Respond to of 15615
 
I've been spending a great deal of time analyzing my investment in GBLX over the last week. Upon my analysis and continued due diligence work I decided to buy another 500 shares under $ 24 per share today.

I truly believe that the Street is reading this company all wrong. I think it is the FRO acquisition that has really hurt the stock price over the last two months due to the Street's errant conclusions reached upon review of the continued falling prices for long distance telephone service. I think this is the wrong focus to have with respect to this company. George Gilder's declaration of "voice will be free" has not diminished his enthusiasm for GBLX and its management. George has made me a great deal of money over the last nine months and I hold his opinions in very high regard.

This company is going to make money by way of the surging data flows that will be sailing through its network as the Net continues its exponential growth and as its insatiable appetite for bandwith continues to grow. The worldwide network that this company is building is indeed a valuable asset. KEEP THE FAITH ALL GBLX LONGS! I don't think anyone will be able to establish a significant short position in this stock right now no matter how hard they try. When this one turns around I think it's going to be a rocket!

Doug