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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (3574)	10/3/2001 7:20:05 PM
From: Wolf 2	Read Replies (1) \| Respond to of 4564

E!: Just heard that Las Vegas hotel occupancies have crept up over the past week to above the break-even point. Also more folks are taking to the air--something I intend to do in the near future for no reason but to defy 911...say, a trip to catch a broadway show in NYC. GX has ~$6 bill in debt(though a recent SSB report put it at $7.1 bill)--the bulk of it longterm, due ~2006 or later. Cash and lines of credit total in excess of $3.5 bill so that liquidity does not appear to be a problem. Some argue that GX is overleveraged but that's what makes a market. Here's a post from one of the GX threads which contains all the vitals: Message 16440790 Note that GX was able to put up service between NYC and Tokyo overnight for clients following the 911 attacks while competitors quoted between 30 and 45 days to achieve the same end. That has got to have grabbed the attention of potential global communication clients. As for PALM, I haven't followed it since late summmer last year when I sold my position in 3Com for a fair profit just prior to the final distribution from 3Com. I presume, though, that it remains the market share leader in PDAs. If and when we get a hi-tech recovery, it should be in the forefront.