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

To: N. David Lessani who wrote (3699)	12/19/1999 12:11:00 PM
From: N. David Lessani	Respond to of 15615

Institutional activities: in latest quarter, Institutions bought 166,300,000 shares and sold only 5,900,000 shares.Net puschase 160,300,000

To: N. David Lessani who wrote (3699)	12/19/1999 2:26:00 PM
From: Bill Fischofer	Respond to of 15615

Re: Trading patterns There is no need to look very closely. Friday was a triple-witching options expiration. Jim Cramer has written extensively about such expirations being impossible to "game". Suffice it to say that GBLX is in a strong uptrend. Just because we can't explain every ripple doesn't mean we can't see where the river is going. Relax and ignore the day-by-day gyrations. GBLX is a core holding which will severely outperform the indices over the next several years, and that's all the patient investor really need keep in mind.

To: N. David Lessani who wrote (3699)	12/19/1999 3:01:00 PM
From: JDN	Respond to of 15615

Dear David: Thanks for your keen analysis. The late activity to me doesnt mean a lot because it was triple witching Friday and I believe they settle up late in the trading day, however your analysis of net inflows from institutions is enlightening. I can just imagin the "wonderful" "newly discovered" stock opportunity the pros will suddenly unveil in 2,000!!! JDN