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


To: RobertSheldon who wrote (10118)3/2/2001 7:25:35 AM
From: Bill Fischofer  Respond to of 15615
 
We can hope. In retrospect, it's fortunate that TSIX's message was delayed a day by the Seattle earthquake. The contrast between GX's confidence and TSIX's cautions should be obvious to all. Had TSIX given its gloomy message on Wednesday GX would have had more of a "damage control" job to do.

Amid the market uncertainty institutional money (and a lot of individual money too!) is desperately looking for safe harbors to ride out the storm. If GX management did its job yesterday this could be the start of the long awaited differentiation GX shareholders have been hoping for. GX provides critical services on a global scale and as such they are largely insulated from regional economic slowdowns. Just as they provide "one stop shopping" for customers they can do the same for the telecom investor.



To: RobertSheldon who wrote (10118)3/2/2001 9:50:39 AM
From: jopawa  Read Replies (1) | Respond to of 15615
 
i hope that is so, but unfortunately investors analysts and the media have proven themselves willing and able to repeat the pat myths about bandwidth glut (as if it is a given and worldwide), debt laden, etc etc, I for one don't want anymore buying opps in gx, would prefer to see it lead the way hiogher. The only good to come of the last 2 mos is that GX has confirmed their plan and guidance, and that the stock has held in relatively well and has not revistied the dec lows even as the naz continues lower