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Technology Stocks : General Magic
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To: Chris Belk who wrote (29)6/25/1996 7:14:00 PM
From: billy andreozzi   of 69
 
I don't follow gmgc but the way it looks the momentum is there for the short term. The MM will jack that up to 10 in the a.m, thats my opinion. Joe Keren posted it on winners and lossers and it gained another 3/4 to close at the high of the day. From past experience I would be careful about the long term because as soon as the momentum runs out and the volume drys up the stock is dead. ex. CAWS went from 7 to 17 1/2 in a week and a half. Where is it now 9 !! still a very good company. good luck
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