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

To: William L. Molair II who wrote (8829)	11/4/2000 5:57:41 PM
From: Ally	Respond to of 15615

>What, if any value will moving GBLX from NASDAQ to the NYSE have for the shareholders?< From what I understand, being in NYSE gives global exposure and better prestige, hopefully creating more demand for the stock. Also, perhaps to get away from the Nasdaq market leachers..oops, i mean, makers. On Friday, a CEO of newly listed company on NYSE mentioned on CNBC the reason why it listed on NYSE instead of Nasdaq was because of the more "orderly flow" of NYSE stocks. Could it be that the Nasdaq MM have been hammering the stock the past weeks in retaliation for its move to NYSE? I suspect the stock will do better next week without all the fast day traders' fingers on DAT terminals.