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Technology Stocks : General Magic
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To: Sea Otter who wrote (2820)7/19/1998 12:20:00 PM
From: Ray Rueb  Read Replies (1) of 10081
 
RE: GMGC Financial Analysis

I agree with your analysis, it comes close to what I was figuring,
except I did mine on the back of some old printouts.
By the August of 1999, I'd expect GMGC to be between 40 to 50.

In between now and then, it looks like a volatile roller-coaster,
with a large dip in October of this year (this is just my gut-feeling).

BTW: From looking at the charts, I think that if GMGC were to go above 15.25,
it would quickly explode to 20.
I think it is commonly known as a "short seller's squeeze".

Just my current $.02

Ray Rueb
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