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Technology Stocks : General Magic
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To: SilverFox77 who wrote (6619)6/30/1999 4:23:00 PM
From: Straight Up  Read Replies (1) of 10081
 
Lorraine

With all due respect, nobody can predict bottom. The market, in general, has been waiting for Greenspan and therefore been very depressed. From this point on we will see the long awaited summer rally IMO.

Now, keeping all that in mind, I don't see GMGC taking much more of a hit. At 3.50ish your downside risk is very limited. The convertibles have about a week or so left and then this rocket will take off. ALL IMO

Straight Up
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