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Technology Stocks : General Magic
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To: Seconds Out who wrote (9784)10/2/2001 3:42:12 PM
From: dgurgel   of 10081
 
Strange deal. Sounds like something a preferred would accept only to avoid a wipe-out upon a bankruptcy. No clue in the market today as the price seems nailed at $0.28. The 60-40 split seems to indicate some additional instability to come. I put something down on the black today but have very little feeling about the short term direction. Red (or "0" or "00") seem just as likely.
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