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

To: mozerd who wrote (3999)	1/16/2000 12:24:00 PM
From: Theophile	Read Replies (2) \| Respond to of 15615

Mozerd, thanks for the illustrative facts. No, I did not misinterpret your info re the Ireland news, perhaps not real clear from my reply. Your did get my drift that the stock could have risen on the wireless news, and it is true it could have risen on the Ireland news. Wouldn't be so certain of either.......and as far as the courts dealing out to-the-letter-justice....well, FCC has done some pretty shabby things in the past. ASIDE: was it QCOM or GBLX that got knocked out on licensing in the South East (Atlanta market) by shabby FCC trick, then at appellate level FCC was required to make available the licenses.....too late says FCC, already assigned, however we will make available equivalent licenses......Uh-Huh....so, whoever greases the wheels gets the licenses, IMO. BIG Note: I appreciate your rigorous explanation of the legal aspects. I was unaware of the details. I am extremely pro-law enforcement, and for this reason my attitude with GBLX being involved with any sort of shabby trick is absolutely negative. IF the law and the letter are in GBLX favor, of course the market be damned and I would be happy to see GBLX litigate to get their fair share; to collapse and go away sets extremely wrong precedent if one is in the right. GBLX has already dealt with the Big Boys when it took on FRO and QWST. IMO, the drop in share price was more due to 'outside manipulation' to make the acquisitions cost dearly, not individual share holders bailing out of the stock. GBLX is not currently being touted as the "upstart" communications company anymore, a word that was ubiquitous in any press release during the GBLX depression phase. Without posting incorrect perspectives, the correct information never seems to come to the surface. Thanks. Martin Thomas