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

To: Tim Cruise who wrote (402)3/16/1999 3:46:00 PM
From: W. Luther  Read Replies (1) | Respond to of 15615
 
Herb Greenbergs column on TSC speculates that GBLX may be buying FRO...this might account for all the activity today...heres the link to the article:

thestreet.com



To: Tim Cruise who wrote (402)3/16/1999 3:51:00 PM
From: Phil Jacobson  Respond to of 15615
 
Tim,

This stock's just had a huge run; with the low tradeable float at some point the daytraders got a hold of it and it became a momentum play. If anyone here has access to the individual trades and has seen large blocks let us know, but my gut says today's action is just lots of small investors going in and out and taking short term profits.

Phil


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