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Technology Stocks : General Magic

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To: cool who wrote (3235)	8/3/1998 8:31:00 PM
From: Instock	of 10081

GMGC could be a very nice Short term "Bounce off the bottom" play for Tuesday. It showed some Buyers late in the day as it recovered from it's interday low. Very oversold. Buy Low. Short Sellers will be covering ( buying ) soon to lock in their profits. Bottom fishers and those who play the Dead cat bounce stocks, will be looking to BUY. The stock is so over sold that a rebound of some kind would be expected. I think Tuesday the stock will be UP for the first time in 5 days. Could see 7 1/2 with some luck. IMO Instock

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