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


To: jopawa who wrote (9010)11/14/2000 2:47:15 PM
From: Sir Francis Drake  Read Replies (3) | Respond to of 15615
 
Lets put it this way. Given that GX broke below $20, today's performance is not all that bad (so far, as it sits at almost 19). Granted, had GX been trading at 23, and it went up by $1 5/16, on sluggish volume, after such a strong report, it would have been quite disappointing. But as I argued at the time - once GX broke 20, expectations have to be adjusted. Within those new expectations, so far it is not so bad. Let us see where it closes, and the action on the following days.

Morgan