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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: DAVID BANISTER who wrote ()8/31/1999 6:58:00 PM
From: DAVID BANISTER  Read Replies (2) of 219
 
From the guy who started this thread in May...

Hey gang, havent been here in awhile since I started the thread. I still own the share I started buying back in early APril some at 8 3/8 up to 11 and change. I sold some at 23 just last week to move into AREM at 9. I still have 70% of the original shares and plan to hold long term until I see something change fundamentally. Spoke with the CEO recently and all is going quite well. Lots of institutional buying lately on this run-up. Recent profit taking is normal. My latest pick is AREM which I got in at 6 3/8 end of July... I think its another MGIC in the making. For those of you interested... check it out and see for yourself. Institutions are just starting to buy now and the chart is beautiful as well. LONG MGIC
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