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Transaction Details

Company: Global Crossing
Ticker:GX
Yahoo Beta:3.06
Industry:Telecommunication

Company Description:  A global telecommunications carrier. The company operates an integrated global IP- (Internet protocol) based network that connects 200 cities in 27 countries.

Purchase Date:07 Nov 2000 Sale Date:15 Jun 2001
Purchase Price:$31.31 Sale Price:$9.00
  --Split Adjusted:$31.31  --Split Adjusted:$9.00
Shares Purchased:200 Shares Sold:200
  --Split Adjusted:200  --Split Adjusted:200
Transaction Fee:$94.33 Transaction Fee:$34.65
Price Range (6 Months Prior):    Price Range (6 Months After):    
High$37.43 High$9.62
Date06 Apr 2000 Date03 Nov 2001
Low$21.43 Low$0.00
Date11 Oct 2000 Date00 0000
S&P (Purchase Date):$1,431.87 S&P (Sale Date):$1,214.36

Purchase
Timing:  Bought at six month low.
Reason:  Company was close to completing its international communications network.

Sale
Timing:  Sold near the high over the next six months. (Global Crossing declared bankuptcy; equityholders received nothing.) Timing would have been acceptable had we not bought in again 10 days later.
Reason:  We had a stop loss order at $9/share.

S&P Gain: -15.19 % Annualized Gain: -27.25%
Stock Gain: -71.26 % Annualized Gain: -91%

Dividends:$0.00
Net Holding Return ($): $-4,590.98
Net Holding Return (%): -72.23 %