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

To: KM who wrote (572)	4/4/1999 12:32:00 AM
From: Morgan Drake	Respond to of 15615

I, along with many others, see QCOM at well over $250 by midsummer. Hang out on the Gorilla and Qualcomm boards for awhile and I think you will concur. Morgan

To: KM who wrote (572)	4/4/1999 12:26:00 PM
From: Rick	Read Replies (1) \| Respond to of 15615

I jettisoned QCOM for GBLX at these prices. I think the people who do the opp. are making a big mistake - esp if they are LT investors. You might be able to get in on a little bit more momentum in QCOM in the short term - but when the bubble bursts - the thing could go down big short term. (it is also a good LT play - but you might get burned ST by not getting the best price) It has come a long way from 40 to about 140 in less than a year. There is much more LT leverage with GBLX. It might sit for awhile longer until the deal goes through - but then -- off to the races again. If you extend out the LT chart line up - this pause was expected. Everyone is going to need tons of bandwidth - cross ocean etc, - and this is the company that provides it. Will also be extending those revenues with a variety of services - providing residuals.