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

To: Paul Smith who wrote (13796)	9/3/2001 3:41:00 PM
From: Marc Newman	Respond to of 15615

Paul, I think tax-selling is going to be a big problem. Especially since many continued to hold into this year with losses from last year because the plan still seemed to be on track. In fact, it seemed like the plan was completely on track until this last quarterly report when the economy and telco conditions finally hit GX. Not to say that the stock couldn't make a move to $6 on good news but more funds will be selling through October and then I suppose individuals through year-end. As for Cramer, his hedge fund had a spectacular 15-year record. His 2001 public portfolio is lame, if that's what you're referencing. He is certainly entertaining. Marc