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Technology Stocks : General Magic

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To: Kurthend who wrote (5145)2/13/1999 3:47:00 PM
From: Mike Hardy   of 10081
 
I agree this is what is keeping us down.
kurt i posted this on yahoo
-----------------------
last 30 days total ..............

trading volume = 31,746,400
tradepbs.com

(convertibles)
lets throw out some numbers
out of this what percent were converted ?
1% = 317,464
2% = 634,928
3% = 952,392
4% = 1,269,856
5% = 1,587,320

somebody mentioned from the jan meeting that half the shares had been converted,about 2,500,000(amount? not sure) was left.
Wirelessknowledge will start trials in 2 weeks (Reported yesterday) is this when the ax will be removed.
march 10th, i believe is the date for earnings maybe this could be the target date for convert's, just Speculating.

Something else to think about,maybe GMGC is waiting for the coverts to finish doing their thing before announcing the intuit or qwest deal to get
the full impact.

We just have to wait for that target date.

opinion's?
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