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Technology Stocks : General Magic

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To: John Madarasz who wrote (9110)	9/24/2000 1:44:34 PM
From: James Strauss	Read Replies (1) of 10081

Good post and good reasoning John... We've seen swings from the 5.00 area to the 7.00 to 8.00 areas... This looks like one of those times for another swing... We'll let the fundamentals take care of themselves... Friday showed me that GMGC was exhibiting strong Relative Strength to the Nasdaq all day long... A simple question of supply and demand... bigcharts.com The 2 year chart with the rising bottoms from June to the present suggest that the stock has been under accumulation... It's usually a bullish leading indicator for the future fundamental picture when the support areas keep rising... Jim

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