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


To: Captain Jack who wrote (6011)5/3/2000 12:58:00 AM
From: Theophile  Respond to of 15615
 
>As it will take longer than my timeframe I'll be happy with a smaller loss and move on when that happens and I'll not avg down as their are others that look better at this time,, but that changes hourly in these strange mkts..<

Gee, an investor with hourly goals for the share price. I thought that was more like a day trader. SCMR, JNPR, FDRY is more for that, no? Telecomms are so conservative in the long haul...I do not compare the telecomms to the rockets like CIEN or NTAP....and the earnings potentials are quite different as well.
These markets are not strange, they are freaks. Value is still value, whether it is acknowledged or not. And I do not mean value like Warren Buffet thinks of value. I mean value as in value added, Price to Vision, Competitive Advantage, etc., not profit and loss statement values. The P&L is a metric for a mature market. This is new turf, and nobody will see Warren Buffet here. Not until we hit main street and become 'safe'. So, if one cannot take the heat, one leaves the kitchen. Good Luck.
Regards,
Martin Thomas