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Technology Stocks : General Magic

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To: Mark Oliver who wrote (7886)	2/5/2000 3:35:00 PM
From: Kurthend	Read Replies (1) of 10081

Mark, Been away for awhile and will be away for another week of so. Don't know if this has been brought up yet, but if it has then I apologize. GM has approximately 12 million shares. They bought those shares at around $1.68. The price closing yesterday was $8.5 or about a $6.82 dollar gain per share. Multiply the $6.82 per share by the 12 million shares and GM has already received a paper profit of approximately $81.8 million. Not bad for a few months work. If for no other reason than the profit mentioned above, I believe that GM has much interest in keeping GMGC alive. Still long and holding. Take care. kurt

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