Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Big Bucks who wrote (5101)	3/31/2000 11:34:00 AM
From: Big Bucks	Read Replies (1) \| Respond to of 15615

Why would a major stockholder wait til the stock value has decreased so significantly from the recent highs to file to sell now as the price/market is dropping, unless there is something on the horizon that may increase the overall value of the sale. They have just filed, is there any limit on when they can actually exercise the sale and take profits, anyone?? What if any is the time limit from filing to sell? If they file and the stock value goes to $80 then they could close at higher levels than here. Am I reaching here? Insiders know what will happen in the short term future, and with 2 IPO's going to happen over the next several months I suspect that they are expecting the stock value to rise so they can actually exercise at a higher price, IMO. Just my opinion, BB