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Technology Stocks : General Magic
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To: Nick who wrote (2988)7/29/1998 5:23:00 PM
From: hoffy  Read Replies (4) of 10081
 
>>>So quiet in here?????<<<<<

That's because people are in shock over the earnings and worried that they ae about to lose a lot of their money. Nobody expected much but they really look terrible. I bet this gets scalped tomorrow. They'l be better days to buy this in a few months. The earnings from portico won't show up for another 2 quarters so there is no hurry to buy. This stock was a one time wonder a few years back rising from single digits to over 20 on a promising product that failed. Now it rose from 1 to 15 on another promising product. We might see another crash if people think Portico will go the same route.
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