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Technology Stocks : General Magic

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To: cool who wrote (2196)	6/9/1998 11:42:00 PM
From: Ray Rueb	Read Replies (3) of 10081

VOLATILITY WARNING!!! OK, it's time again for a volatility warning. Look at a current chart of GMGC... chart2.bigcharts.com:80/report?r=cobrand&site=stockfever&onbad=cobrandsymb&symb=gmgc&time=7&uf=7168&sid=14120&sec=c&xyz=51288250&s=28611 This is the same feeling I had when I posted reply number 1134 back on Apr 16. Then, volatility went to nothing just before the run up into the earnings announcement. Now, volatility is going to nothing and I think we're about to run up into the June 25th annual meeting where there will be announcements. << If history is any indication GMGC will spike up on the next major news and daytraders will enter. It would be great to sell at the top of the spike 15-18? and re-enter at 12-14? Hard to guess the next top. >> Hard to guess? Nooooo, guessing is easy; getting it right is hard. << Anyone have predictions? >> Oooooooh, A NEW GAME... I say we hit 15 in the run up to June 25. I say we spike at 20 on June 26. I say we close at 16 on June 30. I say we run up to 22 by July 15. I say we spike at 35 on July 30. BTW: I'm long.

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