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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: Dan B. who wrote (1673)9/3/1999 2:12:00 PM
From: Bill Fischofer  Read Replies (1) of 15615
 
Re: GBLX vs. FRO

This is very strange. The ratio is now 1 FRO = 2.05 GBLX but it appears that the arbitrage computers haven't been updated yet and FRO is still trading at a 1.8 multiple of GBLX. Somebody asleep at the arbitrage wheel?
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