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


To: pass pass who wrote (1792)9/8/1999 10:09:00 AM
From: straight life  Respond to of 15615
 
No, what's a Walsh sale? (Did you mean wash sale?)



To: pass pass who wrote (1792)9/8/1999 12:00:00 PM
From: djane  Respond to of 15615
 
I guess Microsoft, Softbank and a future spinoff/IPO are the catalysts :-) Bought more today at $22.5 (along with my original $22 1/8 purchase) for a very long-term holding. GBLX is/will be a super carrier (or will be acquired). djane

P.S. As part of my ASND research, I always heard good things about Frontier's strategy/technology. Wall St. is underestimating what Frontier brings to the table along with serving as an access point/distribution mechanism for all that GBLX fiber.



To: pass pass who wrote (1792)9/8/1999 12:53:00 PM
From: ahhaha  Read Replies (2) | Respond to of 15615
 
As misguided here as you were in ATHM I see. I also see you're elated by the short covering due to another of the company's Ponzi Schemes to postpone bankruptcy. You and the other clowns on this thread better understand what I posted recently about the company's inability to recover costs indefinitely into the future. The yield in this business isn't sufficient to compensate for the dilution of continuing purchases.

The greatest danger is that management doesn't see this. They only see the infinite potential of the wild blue yonder of our technological future. Just ask yourself, what value add comes from owning and servicing a wire? Oh, I see, this is just another run it up and run it down tech play, a shell game, and management doesn't even know that yet. No see, no know, and no return.