Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: JDN who wrote (5378)	4/11/2000 3:48:00 PM
From: Big Bucks	Read Replies (3) of 15615

JDN, 43.1M shares traded today. Since the stock price is holding at $33 1/16, I'd say that the funds have loaded up at this level and all the secondary offering has been absorbed. IMO, this is a good sign, and I feel that we will form a base from here. It's about time!!!! Hopefully revenues will show increasing value from last q, if so, then any good news will help lift the stock from these levels. A curious thought just occurred to me, any chance that the high share volume is due to a potential aquirer getting in cheap, this would give a lot of leverage in future "talks", hmmmmmmmmmm!!!!!???? That would be about a 5% stake. BB

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