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


To: 249443 who wrote (13470)8/17/2001 3:11:48 PM
From: 249443  Read Replies (1) | Respond to of 15615
 
Faber/CNBC reporting on GX Now.

GX Confusion Regarding $137 Million Contract:

Faber discussed contract being cancelled due to "technical" or "procedural" issues. Faber discussed GX being below $5 can cause investors being not able to purchase on margin and may, at the discretion of the brokerage house, require investors to put up further collateral.



To: 249443 who wrote (13470)8/17/2001 3:21:17 PM
From: changedmyname  Read Replies (2) | Respond to of 15615
 
Amen... you brought up the points that I have hinted at for weeks now... BUY BUY BUY from $60 to, $4?!!

Oh yeah, that's right... 1 or 2 years from now the price won't matter... but wasn't the same thing said, oh , 1 or 2 years ago?

It is amazing the people on this thread are BEGGING for his return... oops, maybe I'm supposed to capitalize "His" there the way they are crowing.

Robert has always had good insights and is no doubt very knowledgeable about how the industry works, etc. But like John mentioned, he attacks all those that don't agree with him, when in hindsight, I wish the issues had not been dismissed so easily a few months ago. I also have problems with someone bulling a stock from $60 on down, and the balls to show up everyday and claim they're right.

What a joke.

Jason



To: 249443 who wrote (13470)8/17/2001 3:22:30 PM
From: Sawtooth  Respond to of 15615
 
<<1) Anyone who has invested in this company has been financially embarrassed. Nothing wrong with that -- it happens to everyone at some point -- but at least have enough integrity to admit you are wrong.>>

Your post is an interesting read but I think it might be a little early to declare any investment in GX as wrong. Several years out we'll know for sure.

FWIW.

........VVVVVVVVVVVV



To: 249443 who wrote (13470)8/17/2001 3:29:29 PM
From: CRL  Read Replies (6) | Respond to of 15615
 
First, Robert Sheldon IS a money manager, and both he and his firm have been quite successful. It's not hard to find that out. He hasn't posted his firm's ID here because, I believe, it might be seen as illegal promotional activity.

Second, as substantial holder of GX and one who added more shares today I will tell you that there's more than one person out there that believes that GX is, in fact, one of the greatest wealth-building opportunities we'll see in this decade.

Third, Robert is quite right in his analysis of the insider sales issues.

Fourth, those of you who are bent on driving Robert away from this board are doing all of us a real disservice. Disagreement is one thing, we all need for all views to be shared and evaluated. But when you drive off one of our best sources of fundamental analysis on this stock, all of us lose. You don't need to agree with Sheldon, but he's shared with us over a long period a LOT of really valuable analysis and opinion. Why in the world would anyone want to end that flow?



To: 249443 who wrote (13470)8/17/2001 7:57:29 PM
From: trainleaving  Respond to of 15615
 
You have WAY too much time on your hands.