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Technology Stocks : General Magic

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To: VinWood who wrote (2235)	6/11/1998 9:39:00 PM
From: shortlong2	Read Replies (1) of 10081

<<This company is not much further along the road towards making any money than it was a year ago, so why is it it a better buy at $11 than it was at $1. Your logic escapes me.>>As far not being any closer to making money than they were a year ago.....that's your opinion. My opinion is that they are now a year closer. As far as your discomfort with the price ? It is for the potential, you profess to have been in the business long enough that you should understand that. You also should know that there are many,many companies that are not making one thin dime that are selling at many times what General Magic is. It is amazing how your opinion changes depending upon your current situation, in or out, short or long.

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