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


To: ahhaha who wrote (1852)9/8/1999 10:32:00 PM
From: Douglas W. DeVries  Read Replies (1) | Respond to of 15615
 
So what's your strategy? Are you a big short seller that has bet too big on your scenario for the world economy? Are you heavy into a GBLX short position because you need a big winner on the short side?

I acknowledge that there is a great deal of wisdom in your words, but those words are accompanied by a bitterness that would seem to indicate that your everyday life is indeed miserable.

The best course of action in today's world is to minimize debt and the accompanying debt service and make long - term investments in companies that show long - term promise. I took a position in GBLX subsequent to my readings of George Gilder, for whom I have a great deal of respect. Over the last decade he has been incredibly accurate in his assessments of the future for technology.

If you want to bury all your cash in your back yard or keep it in the bank that's your business. However, if things really turn out as bad as you say you probably won't be much better off than the rest of us. After all, the only reason your cash has any value is because we all believe it does.



To: ahhaha who wrote (1852)9/8/1999 10:33:00 PM
From: CoffeePot  Read Replies (2) | Respond to of 15615
 
GBLX getting lots of good press this afternoon.....looking forward to another good day tomorrow.

Good nite and dont worry yourself too much