SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : General Magic

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Seconds Out who wrote (9210)11/22/2000 5:10:57 PM
From: John Madarasz   of 10081
 
Seconds... no newsletters for me! <ggg>

But thanks for the nice thoughts anyway...

Today the first of my buy orders filled, so I was pleased to see that. There will be more I can assure you<gg> The market should remain under pressure I guess, so I think there will be other opportunities, and FWIW the gap from the early June lows still remains at $2.75. Perhaps it will fill during in the next week or so if downside volatility continues... or if we trend sideways and begin to put in a base.

There might be some concern in this market, but not much real fear...yet. I'd love to see some real capitulation selling...

The same type of bottom in GMGC was put in last year around this time too, and it took a few months. I think what is nice here is that there have been no days since the July/ Sept. double top levels of around $9 where the bottom dropped out and the stock gapped down hard, trapping alot of people who would want to sell as the stock moves up...creating alot of resistance; rather we've had a nice controlled market induced selloff. It took a while for folks to finally give up those shares at $4 and less<gg>

stockcharts.com[L,A]DACLYYMY[DE][PB50!B200!A2.875!A2.75!F][VC60][IUB14!LA8,17,9!LF!LH5,5!LI5,5!LG!LC20]

I couldn't be more excited about the company here... and the price of the stock... and I love the way LHSP has imploded. Less competition for investors... I think Nuan will deserve a hard look too in the $20's. For now though I'm going to relax and enjoy the show, let the stock come to me and focus on the future.

Way to much to be thankful for to get greedy here, so I'll wish you and yours all the best for a wonderful holiday.

Enjoy,

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext