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Strategies & Market Trends : TOP 10 1998 Stock Picks

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To: Superhawk who wrote (6)1/24/1998 2:42:00 PM
From: Maya  Read Replies (3) of 65
 
Hi Scott, I also pick General Magic (GMGC $1 5/16) as a 98 stock.
Investment to me, it's a matter of risk reward ratio. It seem to me that GMGC, at a market cap of $35 mil or trading near cash value, has about 25c downside and a few DOLLARS upside if the Serengeti project has some mild success. Or to put it differently, if someone put you in charge a project that has $30 mil cash (as of Jan98) and misc assets that include the magic cap, their agent software, the Serengenti project, all the equipment, the board and the team --- all valued at about $5 mil: would you do it? I know I probably would. I also like the fact there are consistant insider buying.
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