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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: SecularBull who wrote (6577)6/19/2000 4:34:00 PM
From: gizelle otero  Read Replies (2) of 15615
 
Excuse me, but yours is a patently stupid response. GBLX gains absolutely nothing from that strategy. Sounds like you're equating your presumed reasoning of the GBLX action to shill bidding on EBay. If senior management is so dumb that they think that's a winning strategy, I should be shorting it! Whoever gets EQUANT will be getting a gem that will be immediately accretive to earnings. Duh!

BTW, I noted that GBLX volume and buying interest waned in the last hour of trading, and it couldn't even hold on to its daily high even though the compx closed at the high.
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