Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: RobertSheldon who wrote (13247)	8/7/2001 4:42:58 PM
From: DWB	Read Replies (1) of 15615

What with all the recent downgrades, and lowering of earnings estimates, what perverse logic is causing us to trade up today? Is it the resurgence of EXDS? The potential for participation in the Nextwave build-out? Or could it possibly be that reality is setting in among the investment community, and they can't force the stock any lower? It almost seems to me that the news is "trying" to keep GX down, almost like a coiled spring... but then you get a MSFT announcement, and it better be offset with a lowered analyst forecast before the stock can respond... Just curious as to what the thoughts are regarding today's move up. As a point of reference, I bought more GX and AX today for the third time in the last 3 weeks. DWB

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