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Technology Stocks : General Magic

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To: John Madarasz who wrote (7373)12/1/1999 3:08:00 PM
From: Mark Oliver  Read Replies (1) of 10081
 
I like seeing this stock go up on no news. Seems like that's the only way they can sustain any gain for the day. Can't say why it's going up, but perhaps it's getting over sold? There has been and remains lots of reason to see tax loss selling. Maybe people will still sell into any strength, but at some point you have to hope that they've taken their losses. I haven't, but then...

I'll continue to believe the preference is to read vs hear when it comes to these things. Yeah, if your in a car it's another story, but if you are in a meeting, clearly it's better to get graphics and scroll through it at your lesure.

Anyway, great to see it break $3. If it can hold, this would be very positive.

regards,

Mark

PS <Looks like a new buyout rumor is beginning to circulate... wonder if it will ever end? >

Are you starting this one, or just passing it along? :)
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