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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!
RACE 417.15-0.2%Nov 14 9:30 AM EST

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To: Alan Edgett who wrote (29292)8/5/1998 12:32:00 AM
From: drakes353  Read Replies (3) of 33268
 
*OT*

Edge:

You should come play the General Magic (GMGC) Game with me..it's fun. New product, New Ad agency, small float...sales? maybe yes/maybe no..no one knows yet...volatility? Enough to make a killing

I hope you're playing it from the short side. If you're playing this one long you really didn't learn anything from your RACE experience.

Can you say:

"Extended sales cycle"?
"Convertible preferred(s)"?
"Large, sustained short interest"?

I shorted it Friday at $10 and covered Monday at $6.50 Shorted more today. Short any bounces.......with impunity.

drakes353

PS: BTW, the float is 23 million shares. Small compared to GE, but huge in comparison to RACE before the long schnide.
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