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


To: TechMkt who wrote (5450)4/14/2000 10:13:00 AM
From: Big Bucks  Read Replies (1) | Respond to of 15615
 
Fez, some good news reported by Maria this morning. Abbey
has a 35% weighting in technology and telecom stocks. Once
the market digests this the telecoms will rally, IMO. We
should be close to a bottom on the Naz, flirting with the
200day moving average. There are some real bargains to be
had right now in solid infrastructure stocks. Once it is
apparent that the Fed will raise rates the money will cycle
out of the DOW and back into tech and the Naz. It will
just take a favorable catalyst to start the reversal. Markets are skittish right now, lots of money on the sidelines waiting for the right circumstances to come back
into techs with substance and real future growth/profit
potential. It is a waiting game. Patience is the key!!!

Just my opinion,
BB



To: TechMkt who wrote (5450)4/14/2000 8:52:00 PM
From: RobertSheldon  Read Replies (2) | Respond to of 15615
 
*Managements failure to talk to the investment community in the last few weeks is starting to haunt us now. Just broke through 30.*

They could not have done the financing and spoken to us (quiet period) . . . looks to me like they got off another round of financing in the nick of time. We should be sending them flowers.