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


To: SecularBull who wrote (6006)5/2/2000 11:25:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 15615
 
LoF -- Actually I was expecting a loss in the .40 range. This is a pleasant surprise. gblx was kicked in the teeth by a crappy mkt and news on T today. What I was not expecting was the gradual drop from the low 40s. I certainly would expect some "sell on the news" people to bail tomorrow and brin the price down more. The last aftermkt trade found was 32 EVEN. I also do not expect it to recover easily,,



To: SecularBull who wrote (6006)5/2/2000 11:44:00 PM
From: TechMkt  Respond to of 15615
 
I did not hear anything in the earnings release about a "poison pill."

That must mean management is still open for a takeover.

Another BULLISH sign.

Fez