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


To: Alphapenguin who wrote (19)11/7/2000 3:51:18 PM
From: Andriy Turhovach  Read Replies (1) | Respond to of 65
 
Opus-X -- Greetings. You sure I won't be publicly flogged and/or possibly pilloried for offering my views? ;)

I suspect there won't be a whole lot of volume in GX up until the earnings report. There's really no reason at this point for there to be any serious activity. As well, the changeover to the NYSE is now complete. Anyone who needed to buy/sell strictly based on the move has done whatever it is they needed to do. Its my extremely humble (and of course totally uninformed and irresponsible) opinion that barring some incredible event, GX share price will probably stagnate at these levels for some time. I think those who applauded the decision of GX mgmt to move over to the NYSE will some day down the road wish it hadn't happened. That is if they don't fall asleep in the meantime.

Regards, Bo

PS Don't forget too, the entire market is in the doldrums today waiting out the election. Volume everywhere is pretty light.