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Technology Stocks : General Magic

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To: James Strauss who wrote (9790)	10/4/2001 2:15:41 PM
From: equityanalyst	Read Replies (1) of 10081

Hi, Jim -- Or perhaps it's just lifting along with the general trend of most other NAS issues, maybe indicating that the worst of the capitulation/panic phase is now (hopefully) over. If you overlay the QQQ chart on GMGC's chart, it's a remarkably tight fit (or seems to be to my untrained eye). Notice also the outsized moves today in many of the other names in this space: FONX +58%; VFNX +33%; ASKJ +13%; NUAN +10%; SPWX +8%; INTV +7%; VOXW +5%. Or perhaps, as you point out, it's just a matter of more buyers than sellers at the moment! So what's your gut-feel, or chart-feel, on this NAS rally? Got legs? Worst is over, or not? JohnM -- feel free to chime in if you're around. TIA, ea

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