SI
SI
discoversearch

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: MDGO who wrote (5397)4/11/2000 8:51:00 PM
From: Captain Jack  Respond to of 15615
 
marv-- <<"The no. of trades and volume tells me that the weak hands
are capitulating to the strong hands.">> Are you saying insiders are weak hands? There is no way to get a reasonable assessment in this mkt. Actually glbx held TODAY. Look at a 2 week or longer chart and you will see it has already fallen farther than many--- and this really has not indicated it is over. The investment banker had obligations during the sale of the additional shares and can be keeping the mkt more steady than glbx would normally be,, maybe not-- could be it has been trying to rise but all these additional shares come as the last bunch is sold-- maybe tomorrow will give a better idea???



To: MDGO who wrote (5397)4/12/2000 4:56:00 PM
From: M. Charles Swope  Read Replies (1) | Respond to of 15615
 
"GBLX held fairly steady in an otherwise sharp NAZ decline."

How so? The Naz declined about 7% and GBLX declined about 7.5%. That doesn't look like holding steady in the face of a decline to me.