SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Teddy who wrote (186)2/2/1999 7:58:00 PM
From: Robert S.  Read Replies (1) of 15615
 
Teddy, in regard to the locked up stockshares, I believe that when these restricted shares become unrestricted, it will ultimately prove beneficial to GBLX's stock price. Management has invested a lot of time, effort, and capital to ensure GBLX's success and I am sure they are cognizant of the effect the "unlocking" of their shares may have upon the stock valuation. Additionally, it appears they can only gradually sell their shares, which allows the market to absorb them without detrimental effect. Finally, the increased float allows institutions to initiate and/or increase their holdings without sharply increasing the share price over a short-term time frame. AND the larger float improves liquidity, which provides comfort to, and thereby facilitates, institutional involvement with GBLX stockshares.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News