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Technology Stocks : General Magic
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To: The Irish Hug who wrote (41)6/29/1996 12:20:00 PM
From: Martin Z.K.   of 69
 
The part of reasons for me to invest GMGC is exactly what you have discribed the possibillity of acquisition by SUNW and MSFT. Because the products and technologies that GMGC owns are very appealing to big players. Its price was deeply discounted by the notorious hi-flying IPO and the poor-execution of its initial business strategy. However, recently, the financial media praised GMGC's new business strategy, from which GMGC was reborn as an internet power house. The share price will be back over $13 very soon based on its new business strategy, which will eventualy turn it into profitable company next year. For a long-term investor, the cost of this investment is very inexpensive and with double and three bags potential. The price was down in two previous days due to momentun players finding exit. After they have gone, the price will be steadyly up without much doubts. I am very confident with this investment.

Martin
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