SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Francis Drake who wrote (13402)8/17/2001 10:11:11 AM
From: changedmyname  Read Replies (1) | Respond to of 15615
 
<gg> Sorry to steal your phrase, I know you coined it ;-)

Sure the news looks like it leaked. But the signs have been there for so long, that damned collar, the first note by CSFB, etc.

So is this an overreaction to the news? perhaps. Maybe some are selling too late. It may even get a bounce... but then it will start the long slide to zero. Oh how painful that news is.



To: Sir Francis Drake who wrote (13402)8/18/2001 7:15:01 AM
From: Ally  Read Replies (1) | Respond to of 15615
 
>And yes, I keep thinking about all those insider sales. Never a good sign, when insiders sell like there is no tomorrow AFTER the stock has already declined by 80%. Sad.<

Morgan, where did you see insiders selling after the stock been beatened up? The last time I saw insiders selling was the Winnick collar and Walsh sales. Was there more selling after this?