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

To: Sir Francis Drake who wrote (9112)	11/16/2000 4:41:04 PM
From: jopawa	Read Replies (1) \| Respond to of 15615

11/16/2000 3:52:00 PM Pru. sees opportunity in GX Global Crossing (gx: news, chart) is slipping 75 cents to $15.75. Since the end of October, the stock is down 33 percent. Analyst Floyd Greenwood at Prudential Securities said in a midday research note that the stock has been weak due to speculation of "accounting irregularities. Greenwood said after speaking with the company, he believes the speculation is false. He reiterated his "strong buy" rating, and sees the recent weakness as a buying opportunity, adding "the stock will rebound as this news gets out."