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


To: Ally who wrote (13285)8/9/2001 8:45:37 PM
From: Captain Jack  Respond to of 15615
 
Ally - This company has 'those in control' not great mgmt. They will survive and do well over time. Not because of much more than being 1st and had the time to get big. Many mistakes have been made along with things they could not control. It will prove to be undervalued at this level in 12 - 24 months but sadly many holding from near the top will need that many years to get close to even. For all the reasons you stated about the industry is the reason I waited to come in (same with T @ 15) but trailing stops are in now that it is in the green so it should not get the chance to go red. Hopefully it gets stopped out several times and allows traders to re-enter often. The vol & momo will keep interest...