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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: gruetz who wrote (5696)4/20/2000 2:07:00 PM
From: SecularBull   of 15615
 
It is important to rally the price from these lows prior to engaging in any serious discussions to sell the company. I would imagine that the buyout is based on a premium (in percentage terms) above the price of the stock. 50% at $50 is much more than 50% premium at $30.

We knew that GCTR was coming. I think that the timing is relevant to the current depressed stock price.

LoF
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