Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Brent Hogenson who wrote (3684)	12/20/1999 10:26:00 PM
From: mthomas	Read Replies (2) of 15615

>worst case scenario in a year from now you own the stock for $60.50 a share< Right, worst case is a year from now, if the stock has remained at 50, you buy it at 60.50.........pay a 20% premium plus commissions for the transactions....and assuming all of this is transacted in order to keep minimal cash involved, now own a 50 dollar stock for 60+.....and pay margin interest until the situation reverses....or am I missing something here? Thanks, Martin Thomas

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