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Technology Stocks : General Magic

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To: Ray Rueb who wrote (2468)	6/25/1998 9:39:00 PM
From: TechTrader42	Read Replies (1) of 10081

Hi Ray: You wrote tonight: ...and we made my other milestone too: GMGC traded at 13 1/2 before the meeting (I just didn't expect it to happen in the last 10 minutes before close). On Monday you wrote: I expect the price to drop to 13 1/2 by tomorrow. Regardless of the price, by end of trading on Wednesday, I'm going to buy back my entire position and go long. On Thursday, I'm going to buy Jul 15 calls. On Friday, at 15 mins before close,I'm selling all options and 1/2 the stock. I'll update ya'll on my position as it develops. Remember, this is not about bragging, I'm posting the updates to facilitate voyeuristic tendencies in others (and because it enhances the fun). Wednesday: I'm going to watch this afternoon closely. When it goes below 14, I'll start buying. Just curious: Are you still long since buying back your position on Wednesday? Brooke

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