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Technology Stocks : General Magic

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To: Straight Up who wrote (7026)10/5/1999 8:38:00 PM
From: John Madarasz  Read Replies (1) of 10081
 
I'm not sure of the candle color...

but I think the prayer flags should be red and yellow. <g>

Well, I just finished the post to end all posts on GMGC, complete with links both informative, insightful, to the point and inspirational...

That's right, you guessed it, computer locked up...lost it all...had to laugh, couldn't cry.

The gist was this, for anyone who is interested go back and browse the early parts of the latest 8K, you'll see that convertible prefereds have ten days after Sept 30 to lower the conversion price if the price is less than apx $3 for series D, and $2 for series F.

Short interest has apx. 5.78 days to cover at current avg. daily vol., gee, what a coincidence. This is insider manipulation at it's best, believe it or not.

I'd like to add more to this message but I'm toast from thye post.

Regards,

JM
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