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


To: Tim Cruise who wrote (293)3/9/1999 8:33:00 AM
From: Clean  Read Replies (1) | Respond to of 15615
 
I own qwst, lvlt, and gblx. while qwst has someone stalled as of late and lvlt has started running in the last month or so, neither has runup like gblx has in the past two weeks. I can't understand it. But I'm going to put a trailing stop on gblx and if it begins falling just cash out until it settles and get back in. Maybe it's the promise of what gblx can do that is propelling it...sort of like the internets....nothing but promise for the future. I've also heard that as Project Oxygen's misfortunes grow and that of the iridium, it bodes well for gblx. suppose time will tell.

Regards.



To: Tim Cruise who wrote (293)3/10/1999 8:20:00 AM
From: Robert Scott  Respond to of 15615
 
Revenue run rate = last quarter's revenue X 4. The $1B for GBLX was orders of which $200M were booked last quarter as I understand it. I'm plcing a stop loss on some of my remaining shares. I would definately pick up more if it dropped back to say $50 (split adjusted $25) like it did in Feb.