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

To: Rupert who wrote (2124)	9/25/1999 12:56:00 PM
From: mthomas	Respond to of 15615

Regardless of the income from Global Marine, the difference for GBLX is the same difference as owning one's own automobile. Need something at the grocery store and hop in and go. Without Global Marine, GBLX was at the mercy of the big bad boys club who could always pressure a service provider to not do the GBLX job until their own job is completed. Calling a taxi is not nearly as reliable as ones' own automobile. Fact is, when GBLX bought out Global Marine is when I personally got involved with GBLX. I just KNEW that management was serious about something when they did that. The stock tanked after that, but I see that as resulting from other members in the bad boys club ALSO seeing that GBLX was serious, and they took steps to insure the FRO merger would be as costly as possible. I follow the politics of financial investments with a critical eye and I believe the power behind ATT and Southern Bell has had a tremendous impact on the stock prices of GBLX. This is just an opinion which can not be supported with facts, for obvious reasons... so don't ask me to support this assertion, go look for yourself and make up your own mind. Too bad for ATT......this baby will not sink.......but ATT will decline slowly ever after. That is my belief, they are too accustomed to using their clout to compensate for their bloated bureaucratic non-competitive ant-competitive mind set. Thier best managers went and started up the upstart GBLX. Martin