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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (222)8/30/2001 5:51:05 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 586
 
One word.......

Perception.

Well, also......

Insider selling, Institutional selling, Sector selling.

Hang in there, I think most in the knowledge agree with you. I do. However, I go with the flow and in this market I trade. But will be invested for the long haul with a trend change.

Jane



To: carranza2 who wrote (222)8/30/2001 8:46:25 PM
From: DWB  Read Replies (1) | Respond to of 586
 
GX as an investment boils down to two questions you have to answer...

1) Will GX be able to service it's debt without shareholder dilution or elimination (a la bankruptcy) in the coming months. From all I can see the answer from Wall Street is no, and my answer is yes, given things don't economically go into a depression.

2) When will the economy start to rise again? If GX is still alive (see question 1) then Wall Street still doesn't want anything to do with telecom until the outlook is clear to them and they can see profits. GX should be able to dominate once the market starts to pick up... I look for the recent interest rate drops to have their normal affect with the corresponding 9 month lagtime for the economy, and late this year (probably around Christmas) things should be picking up.

Depending on how you answer those 2 questions, an investment in GX is simple, and at these prices quite a bargain.

DWB



To: carranza2 who wrote (222)8/30/2001 10:08:53 PM
From: jopawa  Read Replies (1) | Respond to of 586
 
It seems to be able to pay its debt, is cash flow positive, and I can't for the life of me see the source of its competiton

Cash flow positive? Under what rules did you define that? The co has stated they will be fcf positive in 4th qtr '02, problem is that they claim to be able to pull this off despite lowering guidance 500+ mil this year with no discernable guidance for '02, are you operating under GAAPPS, that is Generally Accepted Accounting Practices Per Sheldon? GG, Just having a little bit of fun at the expense of our poor departed friend, who after slamming everyone from 40+ down to 5 decide to finally decides it's unbecoming to pimp GX anymore, gg.

Stuck with a slug of GX from rougly 20, (but who's counting down here?),

John

Edit: I'm sure Sheldon is counting along with the rest us, the problem is that he won't admit it.