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


To: RobertSheldon who wrote (8859)11/6/2000 4:11:17 PM
From: charger  Read Replies (2) | Respond to of 15615
 
Lowest close of the year...that's depressing considering the market in general has bounced 10%. I get the feeling GX and others like it have further to fall before rock bottom. There will be little premium left in the price on that day. The market is discounting these companies down to replacement cost...almost singlehandedly forcing consolidation and reorganization! Regards