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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Stress who wrote (65008)10/7/1999 11:21:00 AM
From: Mr. Big  Read Replies (4) | Respond to of 120523
 
Did you call? GBLX is BIG!



To: Mr. Stress who wrote (65008)10/7/1999 11:24:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
<<ALERT>> stock #5 today's list and of course earnings play is at day high..



To: Mr. Stress who wrote (65008)10/7/1999 1:55:00 PM
From: kha vu  Respond to of 120523
 
AERL: broke up higher high
GBLX:
<<<Global Crossing is adding to yesterday's $3 15/16
dollar gain, climbing another $3 7/16 to trade at $31 15/16. The stock
had been under pressure over the past few months as the acquisition of
Frontier Corp neared. Arbitrage and hedge fund investors were active in both Frontier's stock and GBLX, lured by the merger agreement. These investors often engage in a strategy where they go long on the acquiree stock (Frontier) and short the acquirer (GBLX). With the acquisition settled, GBLX is edging higher as arb players move out of the stock.

It's worth noting that the stock is headed toward its recent resistant
level in the lower $30s.>>>>>>