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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: JDN who wrote (3785)12/29/1999 4:05:00 PM
From: CF Rebel  Read Replies (2) of 15615
 
A little perspective about the short shares; the number of shares presently short is less than 10% higher than in October's report. However, the October number may have been based on a much smaller float than we have now. The Frontier merger at the end of September expanded the float in multiples so the short shares don't look too bad - and you have to expect a few more short shares with increasing price. I wouldn't short this one, though.

Also, if I remember correctly, the insiders' self-imposed share lock-up ends April 1, 2000.

CF Rebel
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