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Technology Stocks : General Magic

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To: Fred Gohlke who wrote (9812)10/24/2001 11:32:16 AM
From: James Strauss  Read Replies (1) of 10081
 
Fred:

I agree with your assessment... The statements and steps taken by GMGC mgmt seem to be directed towards the long term equity holders... These are confidence building statements... Equity holders are less likely to sell given the recent news... This creates stability in the stock price... Any smattering of good news from this point forward could move the stock price over 1.00 again... That would be a good place to be as new contracts for new revenues are signed...

Jim
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