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

To: Jane4IceCream who wrote (13502)	8/17/2001 10:29:53 PM
From: BWAC	Read Replies (1) \| Respond to of 15615

<Too bad this thread has put more focus on individual posters than Global Crossing late.> No kidding. As in Focus on what the company is building, not the stock price in a dreary shitty market where nothing can shine. All sense left the stock market and valuations about the time old Sentiment left town for good. Not much can be done about that. As far as today's DOD news, WHAT ON THIS EARTH did you all think was normal government bidding process redtape? Did the news suprise you? Did you not stop to think the real story and explanation could be closer to DBAB's after the fact report than CSFB's half truth innuendo comments? CSFB is well known to be standing around with a can of gas ready to throw on a fire. Or better yet concocting an underhanded deal to force DLJDirect back in from the shareholders. I mean why would anybody rush out to believe anything they say or think anything they do was for your benefit? They put the story out on options Friday for the maximum f*ck they could give everybody. Some things I do know. 1.)I own a chunk of a completed, integrated global Internet Protocol (IP)-based fiber-optic network, which has more than 100,000 route miles, reaching four continents, 27 countries and more than 200 major cities, which cost $20 Billion to build and is producing $4 Billion in annual revenues at far less than peak capacity load. And all previous transocean routes have capacity filled quicker than anyone predicted. 2.) Said company can be had for $4.5 Billion at a $5 stock price. 3.) See #1, See #2. I don't really give a crap what todays price is cause I'm not interested in selling. And as for Money Manager RobertSheldon. Geeeeeez. If you guys wanted to know who he worked for why didn't you just PM him and ask, then you'd know for sure. Sounds to me like the man did his research and was confident in it. I don't agree that GX was ever worthy of $60, or $40, or $30 even, but the fact that it was once that price doesn't make it a sell at $5 on that rant alone. Robert has been here sharing info. His revenue, earnings estimates have always been right on. As has GX's up until such time as the economy finally got to them. And there isn't much anybody at GX can do about that. It is what it is, and corporations aren't spending. Those that are will get a fair price on services, those that aren't MIGHT just have to pay a demand induced premium for services when they all come pouring out from under the mattress. GX will be collecting tolls.