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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?

To: k_maxwell who wrote (184)	8/29/2001 1:51:48 PM
From: BWAC	Read Replies (2) \| Respond to of 586

GX can't overcome the real problem, no matter what they say, right now. The real problem is just as Casey's press release said "We believe our stock has been trading irrationally based on highly inaccurate rumors and groundless speculation." There are around 90 Million shares sold short, and I highly doubt any substantial part of that is by individual small investors. It's by "Friends" of TSCM and Greenberg and Crammer (I like to put the extra M in) and CSFB. Now where is it that all the "highly inaccurate rumors and groundless speculation" is coming from?

To: k_maxwell who wrote (184)	8/29/2001 8:16:16 PM
From: Steve Felix	Read Replies (1) \| Respond to of 586

Those that bought just eleven days ago are now out about 27%. They are now definitely investors. Regardless of how crappy the market, ten lower closes in a row is rare. No stocks trading over 100K shares that were down 10 days in a row put in an eleventh yesterday or today. Hmmmm With a database of over 9000 securities, there were only three stocks fitting that category as of the close yesterday. How they did today: FCEL +12.69% FRE +.91% GX +5.54% Shorts do have to cover sometime. FWIW LU had ten lower closes ending on July 20th at 5.305. Fifty two week low was established that day at 5.04. Now it is back over $7. Maybe today was "Bday". In no way related to GX, but maybe related to making money: Ten lower closes as of today. Avgvol > 100,000. COG HC NTL SGY TTMI UNT