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

To: Boplicity who wrote (2594)	10/12/1999 10:55:00 AM
From: JDN	Read Replies (1) \| Respond to of 15615

Dear Greg: Dont know what to say. Of that disclosed June seems to be the worse month yet much has happened since then all favorable. Past few days have had incredible volume, I felt it was likely momentum and day traders but you never know. Maybe the funds are bailing again. JDN

To: Boplicity who wrote (2594)	10/12/1999 11:19:00 AM
From: BI*RI	Read Replies (1) \| Respond to of 15615

Could be that these institutions want to have the ability to sell shares in the future, for which they must first file form 144. August may have been the first month that the shares became unrestricted. Thus, they could simply be opting to have the ability to sell? "Form 144 filings are indicated by ``Planned Sale'. Form 144s must be filed as notice of the proposed sale of restricted securities. Restricted securities are those that are acquired directly or indirectly from an issuer or an affiliate in a transaction (or chain of transactions) not involving a public offering. An insider may file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed."