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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: DAVID BANISTER who wrote ()1/23/2000 10:48:00 AM
From: DAVID BANISTER  Read Replies (3) of 219
 
Hi, its me again, originator of MGIC message board

I am still very LONG the stock. My newsletter readers have been in since $10 last May, me same or less per the first post here. I sold a bit at 65 on way up to buy INFD at 2 and IARC at 7 1/8. I maintain 70% of my original shares long and see $150 per share by July (pre split). Raising money is great! There is always initial downdraft, followed by buying later. They will sell 1.33 m shares, FORTY (which I am long since 37 3/4) selling 666k shares. So MGIC will get 1.33m times probably 90-100 per share. They will acquire more companies and continue to explode upward. This is a Mattress Stuffer. Other stocks Im long are Arem since 6 3/8 (my readers were advised to buy 7/28/99), IARC since 5, INFD since 1 7/8, AILP at 5, just naming a few. CMGI since 10. I like to get in early and hang on. Emails to smrm-owner@onelist.com if any questions. If you want to subscribe to my email newsletter its www.onelist.com/subscribe/smrm. I also post on the Raging Bull IARC board alot under "BANMAN".
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