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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (8351)9/6/2001 8:26:04 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 74559
 
what's wrong with just plain old cash?

the only thing (essentially) plain old cash loses is an opportunity... and there will always be opportunities.

but losing an opportunity does not then mean you lose your cash.

Just a thought.



To: carranza2 who wrote (8351)9/6/2001 8:27:20 PM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
>>But I'm looking at Global Crossings now. Can't see BK for it

Why not? Any technology company with heavy debt is a candidate for BK, IMO. The weak ones go BK, they then emerge with no debt, cut prices to the bone, and drag the strong ones down with them.



To: carranza2 who wrote (8351)9/6/2001 8:32:51 PM
From: Bocor  Respond to of 74559
 
Look at the projections for GX losses this year and then look at the float. You better be sure that GX has that much to lose. If not, are they gonna be able to go to the capital markets, or anywhere for that matter?
I do not have the answer, just posing the question. One thing for sure, the insiders are dumping at an alarming rate considering the stock is at it's lows.


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