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

To: changedmyname who wrote (13408)8/17/2001 10:18:44 AM
From: jopawa  Respond to of 15615
 
if GX doesn't come out today and talk about the dod fiasco then they are a bigger joke than even the most jaded person could imagine



To: changedmyname who wrote (13408)8/17/2001 10:19:26 AM
From: DWB  Read Replies (2) | Respond to of 15615
 
Has anyone bothered to check with GX to see if the CSFB story is in fact true? God forbid you all base everything on a brokerage house's note...

DWB



To: changedmyname who wrote (13408)8/17/2001 10:19:47 AM
From: Rob C.  Read Replies (1) | Respond to of 15615
 
Jason,

I wouldn't be waiting for a bounce anytime soon. Credability is gone. This situation has gotten to the point where no one big enough to move the stock will buy anymore.

Regards,

Rob



To: changedmyname who wrote (13408)8/17/2001 10:20:55 AM
From: Sir Francis Drake  Read Replies (1) | Respond to of 15615
 
Technically, the close below $6 was the kiss of death as far as I was concerned - my red line in the sand. Overhang -oh yes. Especially, when GX starts diluting with extra shares to shore up their capital. I don't see many rushing to buy here, when there's the prospect of dilution on top of everything else.

Morgan


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