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


To: 249443 who wrote (11877)6/17/2001 11:22:26 AM
From: 249443  Read Replies (3) | Respond to of 15615
 
My criticism of GX:

I hope a reader of these posts doesn't feel that I am being unfair of Robert. I believe, to understand my position, it is necessary to read Robert's posts from the beginning -- up to the present.

My understanding of the company is based upon:

1) the facts of the outrageous payments/bonuses/special
payments that have been paid to the past leaders of this firm. (The stockholder has never been priority #1 for the firm.)

2) "professional" research performed on the credit worthiness of gx and their over leveraged financial position (go to the Level 3, TSIX, etc. boards and say that gx is completely different with a pristine balance sheet).

3) insiders are selling in size at prices above where we are today (please point me in the direction of where insiders are buying).

4) the bottom line of money management is to preserve money first and then secondly make money (a stock that goes from $40 to $8 violates this premise and assumption by investors)

5) the truth of money management is that investors in a hedge fund, or any kind of account, will take their money elsewhere if they absord substantial losses

6) get a hold of the quality research that explains the current situation (it does cost money!) and one can understand the stock's performance

I realize nobody likes criticism of their stock holdings. We have all lost money on our investments at some point in time. But if the only word being heard on a board is based on rose-colored glasses, then perhaps something is amiss.

Know who you are reading and if they have been right in the past. That is credibility at its best.



To: 249443 who wrote (11877)6/17/2001 1:03:08 PM
From: Bill Fischofer  Read Replies (1) | Respond to of 15615
 
Re: Respect

I am sure you would have a little more respect if we all shared 1) our true identies...and 2) our true positions?

I applaud that sentiment. Feel free to lead by example.



To: 249443 who wrote (11877)6/17/2001 5:03:43 PM
From: RobertSheldon  Read Replies (1) | Respond to of 15615
 
You said it best. God bless you.

I'll add God bless America. God bless free speech. God bless those who focus on a company's business and not on the an irrational price in one of the worst bear markets ever (it began in 1998 on a broad scale).

Listen, friend, I know nothing of you or your back ground. Which is exactly why I couched my comments with a disclaimer (I was pretty sure that folks like you would appear from the shadows). Perhaps you ought to get over it. My comment was one thought. If you disagree fine, but do not confuse my rational arguments with your hyperbolie.

God bless you this glorious Sunday.



To: 249443 who wrote (11877)6/18/2001 2:08:46 PM
From: HW Bowman  Respond to of 15615
 
How dare you? RobertSheldon has been a consistent and rational resource for all of us here for a long time. Check yourself.



To: 249443 who wrote (11877)6/18/2001 3:52:00 PM
From: parker_meridian  Respond to of 15615
 
You mean you don't agree with him that there isn't a fibre glut? ROFLMAO