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Technology Stocks : General Magic

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To: Robert V. Cavaleri who wrote (6023)5/3/1999 10:31:00 PM
From: Seconds Out   of 10081
 
Isn't the SEC filing a formality? I don't recall the S-3 stating when the sales would occur or at what price. It does lend credibility to the potential of another suitor taking at least a nice sized piece of the company though. Maybe the freeing up of these shares as well as the additional shares authorized in January are related. I am also wondering about Wireless Knowledge's potential involvement as it might explain Microsoft's name on the S-3.

All speculation, of course, but I am increasingly curious about this move upward. It seems strange that it has continued for six straight days with no follow through on the rumors, no news, and only a "no comment" from the company.

I agree with Sea Otter that the silence from the company has got to break soon with all that is going on with both the move upward and the volume. It sure would be nice to not end up disappointed this go around.

Best wishes to all believers in the magic, and to all of the thought provoking posters of late here. It has been nice to kick back and lurk a bit.

Seconds Out.
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