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Technology Stocks : General Magic

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To: Straight Up who wrote (7609)	1/7/2000 8:37:00 AM
From: dgurgel	Read Replies (4) of 10081

Nice strong chart yesterday, and the small lot bargains often available in the pre-market (often at 1/4 below the prior close) are not there. With European markets up strongly and an end to the sharp downturn on the NASDAQ overdue, today seems to have strong technical factors suggesting a move up with a close above 6 1/2. Breaking $7 would not surprise me. This horse ran well in the mud of the last few days and should enjoy a run on a dry track. I continue to look for a buyout at $7 - $10. Many others seem to be looking for much bigger numbers. We could use a comment by John M. Where are you John?

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