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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: limtex who wrote (1029)5/30/1999 10:33:00 AM
From: AJ Berger  Read Replies (1) of 15615
 
the experts here will taunt me, but...

I see a high 30's floor and high 50's ceiling until the deal get's killed. I sold in the 50's and am looking to buy back in under $40 in hopes the deal will die. We saw the same thing with LCOS. Shareholders VOTE with stockprices before they vote in proxies. If GBLX falls low enough, there never will be a proxy vote, just a broken deal, and a huge GBLX rally the week any busted deal news breaks.
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