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


To: DWB who wrote (13519)8/18/2001 2:58:43 PM
From: changedmyname  Read Replies (1) | Respond to of 15615
 
DWB,

In keeping with the off-topic nature of this thread, it is absolutely worthless and a waste of time to try and present one's opinion to you.

Your posts throughout the year(s) on this GX thread exhibit that you too suffer from Sheldon Syndrome. I'm sorry that you are so naive and see that GX can do no wrong. Interesting that your posts only seemed to pop up to support Robert's arguments or attack anyone that questioned the outlook for GX stock (sounds suspiciously like someone else... hmmmmmmmmm).

So here GX sits at 5 bucks, yep five. And all you can do is do the same old song and dance at what a great "opportunity" investing in GX is. Well, at $5, at some point the stock will bounce and you will be right (Hey it can't go down much more right! You're bound to get it right sooner or later). But meanwhile you have done nothing but average down according to your posts... and no doubt haven't sold a share. So when that bounce comes, whatever shares you bought on Friday will be up, but that will be a small comfort to those you bought at $60 on down. I hope it bounces too so I can sell the shares that I have left and take profits from the trading shares I purchased Friday (<gasp!> Yes profits! something that doesn't happen to often when you are long GX).

It is a shame that you are not, and have not, been openminded to others that have posted cautious comments on GX. Instead you have attacked everyone that doesn't agree with you. For shame.

But I understand your bitterness. You're sucking wind huge in your GX investment. Many here have taken or are taking losses in the stock (obviously me included).

And I'm sorry that you have had such a tough year with your other investments such as GSTRF, SFA (what a move Friday!), QCOM, and CREE. While I don't feel like reading through your posts on GSTRF, I can only imagine that you made the same arguments of what a great opportunity G* was as it spiraled towards zero. I'd think that you would've learned your lesson by now when investing in debt-laden telcos.

I can assure you that had I been someone who bought GSTRF and lost almost all my money in it, I would've been a lot more cautious in investing in a GX. If there's anything that GX has taught me, it has given me the ability to absolutely shred a company's 10Q, and given me several shorts of CLECs and other long-haul providers.

So out of all this I lost some money on GX, but perhaps more importantly it has taught me yet another lesson in the market (you learn a lesson everyday it seems). It's just a shame that you didn't learn from your lessons in the past before getting buried in GX.

Let's agree to disagree, if you can manage that. I'm sure that you will be trying to think up another one of your witty and cunning replies to me (I love it when people reply line by line to your posts, and attempt to take everything literally), but don't waste your time.

Until the story changes on GX, I will continue to be pessimistic. Management has no credibility with shareholders. And for the moment, revenue growth is soft. Once these things change (yes, including the outlook of management), I will reconsider the long-term prospects of GX. But right now they have a few things to prove.

Regards,
Jason