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

To: Sir Francis Drake who wrote (9105)	11/16/2000 6:20:51 PM
From: CF Rebel	Read Replies (2) \| Respond to of 15615

Morgan, I think that something you have to take into consideration with respect to the volume is the change to the NYSE. Average volume when GX left the NASDAQ was about 12M shares a day. If those shares were generally double-counted, then an average day on the NYSE would be 6M. That being the case, volume on the NYSE has been about 10-12M per day since listing (correct me if I'm wrong), in actuality, about double normal volume. So, I hope we're possibly seeing capitulation selling here, putting in a solid bottom. Comments about this issue are welcome. CF Rebel