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


To: Sir Francis Drake who wrote (9492)12/13/2000 12:08:31 PM
From: jopawa  Read Replies (1) | Respond to of 15615
 
everyone running high tech cos was seduced by and believed the bubble of march, to think that GX even could turn down 50 price today is crazy, they would HAVE to take it, you can argue the logic or the chances of a deal, you can not argue that a bid for GX twice todays price would be turned down, remember that it IS a public co and mgmnt has a fiduciary responsibility to maximize shareholder value, i don't think they they could turn down that offer out of hand