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Technology Stocks : General Magic

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To: Rangle who wrote (9988)	6/11/2002 12:03:50 PM
From: James Strauss	of 10081

Rangle: A look at the chart shows the 50 day MA in the .18 area... stockcharts.com[m,a]daclyyay[pc50!c13][vc60][iLb14!Lp14,3,3]&pref=G After the reverse split the 50 day MA could be in the 1.80 to 2.52 area allowing for a 1 to 10 or 1 to 14 split... If I were GMGC mgmt I'd be saving some good news from the Qtr ending 6/30/02 to coincide with the split date... The factors I'm thinking about are whether or not we see substantial revenue increases fueled by new contracts and or statements from mgmt that additional stock offerings will be needed to fund operations... Without new revenue sources, another stock offering could scare away long term investors... With new revenue sources, it would offer some hope that GMGC could claw its way towards profitability... We'll know in the next few months... Jim

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