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Technology Stocks : General Magic

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To: John Madarasz who wrote (9967)	5/4/2002 1:40:44 PM
From: James Strauss	of 10081

The long term trendline is still acting as support... what long term trendline? the one that goes below 0 in april of '01...or december of '01, based on your chart (with no trendlines)? <g> John: Starting at the end of 1997 you can draw a trendline to the current price level... bigcharts.marketwatch.com This chart doesn't allow for a clear picture of how the trendline could be drawn... I'm not here to defend GMGC... I'm just trying to marry the current dismal technical performance with a promising speculative story... If GMGC falls further, it will be very difficult to get any more financing... If they can show forward revenue growth based on signed contracts they could get additional financing for a 6 month to one year breather... It all depends on how well they can initiate new contracts within a 5 to 6 month period... Jim

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