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Technology Stocks : General Magic

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To: VIPER85730 who wrote (4472)	12/19/1998 11:19:00 AM
From: Ray Rueb	of 10081

Now is the time to buy (2nd time I'm saying this) There may be an opportunity cost associated with buy GMGC now vs being in other stocks, but if you want GMGC, NOW IS THE TIME. I foresee steep GMGC price rise in February (just like last year). This is an explosive stock. Will we hit 4 1/2 before we move up? I think so. Will we ever see $14 a share again? I've stated this is a $20 stock, and I still believe that. I've also stated that I fear $3.00 a share. I'll restate that fear again, there is HUGE short interest in this stock... That tells me we'll either get continual pounding (down to 3) or a quick and explosive short seller's squeeze up to 9. I look at this company, and their technology is great. But as UNIVAC can attest, technology isn't everything, you gotta have marketing, product acceptance and product delivery too. I'm long 3000 shares. Happy holidays and good luck to all Ray

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