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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Rupert who wrote (1665)9/3/1999 12:05:00 AM
From: J Gunn  Read Replies (1) of 15615
 
Gary Winnick sold 4 million shares 6-30-99 $160 million

Fine, but why did he sell 14 million shares 8-14-99?38mil?

Had he already spent the 160 million? When the price is tanking, why add more selling pressure?

Kind of makes his promise not to sell until April 2000, a little empty, don't you think? (i.e., I've got mine!!!)
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