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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: MangoBoy who wrote (1270)7/1/1999 10:53:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 15615
 
Fickle...

GBLX stocks gets hammered when it announces the FRO and USWST deals. Now GBLX is getting hammered because the deal is falling through? The market just can't figure out whether this deal is good or bad.

If GBLX loses this deal, they pocket over a billion bucks. That pays down a lot of debt!

DocStone