Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: N. David Lessani who wrote (3519)	12/9/1999 11:44:00 PM
From: mthomas	Read Replies (3) of 15615

Earlier tonite I erased part of a message because I did not want to get into "my take" on todays' price drop. I watched today, and I saw that the price was kept down.......as it has been previously, and this is just another of those times.....I mentioned in that erased post the Dec 45 calls may have been written by somebody big enough to influence the price, but that is just a thought, unsubstantiated completely, and just more ranting. December 18 is expiration date for those calls...... What I do expect however, is the price to remain 45 to 50 until GBLX can break into the low 50s. Then the gains may be sustained. I expect mid 50s by the time earnings come out early February.....then I expect more analysts to start following the stock, i.e. more increases. By April or May I hope to see us back where we were last year, ready to keep the share price: $64 or better. I am not unrealistic, optimistic, nor lunatic. I am practical. Martin Thomas

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