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Technology Stocks : General Magic

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To: Straight Up who wrote (7633)1/10/2000 9:01:00 AM
From: John Madarasz   of 10081
 
Momentum really seems to be building in this market sector...

and in GMGC's stock. I wouldn't be surprised to see some sort of shakeout type action if we get any more gaps here, regardless of the current gap at $5 7/8.

Whether or not peoples orders get filled on any shakeouts, if they happen, will remain to be seen. Waiting areas at pullbacks can get very crowded, and quite frankly, I would love to see the shorts get their collective heads handed to them after all they have put this stock through.

Best of luck to longs in the days, weeks, months and years ahead.

Best Regards,

John M
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