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Technology Stocks : General Magic

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To: j.d.robbins who wrote (2923)	7/24/1998 11:17:00 AM
From: Ray Rueb	Read Replies (3) of 10081

MM's are playing their short term games The open was (as usual) crazy (13 5/8 for 5 minutes). Quickly down to 13 1/4 where I believe they were selling and the public was buying. Then, at exactly 10:30; bang... quickly (in 2 minutes) down 3/4 from 13 1/8 to 12 5/8. I was watching the ticker, and boy, did that generate volume! I believe the low of the day will be now... A good buy at: Last trade at 12 9/16 as of 11:08:43. I believe today and Monday will be between 12 1/4 and 13 1/4. But Tuesday... I believe it will be the beginning of 3 or 4 days of up, up, up. We shall see...

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