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

To: Ibexx who wrote (4388)	2/18/2000 12:17:00 PM
From: DWB	Read Replies (1) \| Respond to of 15615

I agree... let's get past the "kiddie" hours of the day. Those who can read between the lines are waiting in the wings to snap up the shares the shortminded/shortsighted are selling now. I find it amazing that anyone who understands what GBLX is doing (i.e. building a world-wide fiber network, incorporating merged companies, etc.) is surprised that they are spending a lot of money right now. Can't they see that the buildout phase eventually ends/diminishes? DWB Q2.5K/Y2K+5

To: Ibexx who wrote (4388)	2/18/2000 12:21:00 PM
From: Theophile	Read Replies (1) \| Respond to of 15615

Ibexx, I added to my position at 56.35.....my take on this is a little convoluted....kind of like the QCOM affair, 2 Qtrs past when they 'missed' an analyst meeting and the stock tanked.....well, just maybe those positions that are short are being given the opportunity to cover, and with MaxPain at 50 for today, could there be some mutual backscrubbing going on? The loss of 5 or 6 points today could be problematic for those holding Feb calls, but not for those big guys writing the calls.....and what about next week, after the retail confusion subsides and the true quarterly earnings are compared with quarterly expectations? (rather than fiscal earnings being compared with quarterly earnings, which is simply incorrect)...why is it that so many news sources are representing this earnings report incorrectly? The answer to this question would shed light on the situation.....is it simply they are all in error? Would somebody please tell me if I am in error? Thanks. Martin Thomas