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Technology Stocks : GBT - Global Light
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To: Sir Francis Drake who wrote (194)10/3/2000 8:33:45 PM
From: Czechsinthemail  Read Replies (1) of 223
 
Morgan,

I guess GBT is a half-full vs. half-empty story. The stock has moved up the last two trading days, while NASDAQ has tanked. The relative performance, if not the absolute performance, has been very impressive -- it is more challenging to move up against the current of a market moving down. GBT has been significantly oversold, and as buyers get more confident, further buying could trigger a healthy short-covering rally.
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