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


To: 249443 who wrote (12024)6/19/2001 2:39:03 PM
From: changedmyname  Read Replies (2) | Respond to of 15615
 
Ravi wasn't bearish enough on McLeod (MCLD:Nasdaq) and Global Crossing(GX:NYSE), either, both of which he hinted could make it. Recent setbacks make those companies less likely to survive than he thought

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I'd sure like someone to to elaborate on what the "setbacks" are. So far, no warning from the company. The only setback is the decline in the stock... nothing fundamental has changed... yet.



To: 249443 who wrote (12024)6/19/2001 2:50:03 PM
From: Theophile  Respond to of 15615
 
When they start trotting out Ravi and Cramer, after seeing yesterday all of Reuters (LATimes (beautiful photo of cable being laid over Donner Pass near Tahoe), NYTimes, covering the nation coast to coast with these articles) carrying stories about Future of Fiber being Dimmed.....and CSFB pumping Q, well, are we talking fundamental analysis or media manipulation of a sector? Execute and let the Devil take the hindmost. Did Ravi state anything differently than we did? Only that he failed to account for fundamental elements of business model and management...minor factors, of course. So, do what the big houses have been trying to get us to do....dump your money into the losers of this game, the LD erosion seems to have become a ghost...nobody sees it. Debt, Debt, Debt...yet WCOM and others are dying due to LD, not debt, and the debt issue is still a question mark, the LD erosion is not a question mark. Funds have been wanting to sell WCOM since it was $45 or so, but the price kept dropping...all the FUDD on TSC for WCOM could fill a telephone book...SBC has clout and is a good one to hold for granma, not like T. What is this about comparing MCLD to GX? One may find there is a wee bit of difference, unlike Cramer or Ravi. They are paid to do this sort of misguidance. 'nuff said....

Martin Thomas