Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: TATRADER who wrote (8538)	4/30/2001 1:32:14 PM
From: James Strauss	Read Replies (1) of 13094

good call on GMGC...I am in a double long position on it since early Friday....keep up the fine work Jim.... what short-term target price are you looking at? Thanks Mark... Short term we should see 2.00, 3.00, and 5.00 tests... By next qtr we should see an 8.00 test... If revenues continue to improve and they approach profitability we could get a retest of the 18.00 area within 12 months... If they become profitable on rising revenues there is no overhead resistance beyond 18.00 to hold them back... bigcharts.com The new CEO brings fresh management skills, and the new VP of sales that took Creative Labs from about 85 million to over 500 million is just what General Magic (GMGC) needs at this time... Jim

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