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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: charlie mcgeehan who wrote (65105)10/10/1999 11:52:00 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 90042
 
GBLX....apparently it has been reported the company has already started its spending spree to further its global reach by purchasing Racal Telecom of England and outbid another company to do so.

This was reported today from London.

Looks like I picked up a very fine long term play here. GBLX reminds me of WCOM when the stock was at $29 and announced its long term acquisition plan and months later it purchased MCI. Damn, if GBLX doesnt keep going up as it is becoming THE all inclusive giant global telecom company I'll eat the sand below on the beach. GBLX should soar through $50 soon enough. And there are still takeover rumours out on the street about GBLX becoming the acquired too.

I love MFNX too.

Jane