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Technology Stocks : General Magic

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To: Fred Gohlke who wrote (8953)	8/16/2000 9:53:38 AM
From: Seconds Out	of 10081

One thing is for sure, IBM would be the one to call the shots. Then again, discussions were continuing as of very recently. The important thing is that folks now have one less thing to fear as GMGC continues to execute. It will be interesting to see what happens today in the face of Series H now being viable to convert and sell (over $6), and also with Friday options expirations. Can GMGC hold on, or will will there be too much interest in pulling it back for a little while longer? It is tough to bet against the Preferreds, however I thank them for the opportunity last week to help pay for some more patience. It sure will be nice to get rid of the conversions, but like I have said before, there is only one way for them to get out. Seconds Out.

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