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


To: Dan B. who wrote (2440)10/8/1999 7:55:00 AM
From: John Carragher  Respond to of 15615
 
London financial news this morning..

-- Europe's biggest telecoms group, Deutsche
Telekom AG, was heading south after its recent
run up. Deutsche Telekom (DT: news, msgs) ,
which according to some press reports may be
plotting a bid for U.S.-based Global Crossing
Ltd (GBLX: news, msgs), slid 0.51 euro, or 1.22
percent, to 41.39. Trading volume was 579,147.



To: Dan B. who wrote (2440)10/9/1999 11:59:00 PM
From: bobby beara  Read Replies (1) | Respond to of 15615
 
Dan, i am using Dodd and Graham fundamentals here and i agree that you can't value internet issues based on traditional fundamentals because this technology is more revolutionery than anything since the Gutenberg printing press.

So all you have here is speculation, which is spec'd very well by technical analysis, you buy when people are buying put options, and you sell when everybody is saying yippe yahoo and buying call options.

bb