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Technology Stocks : General Magic

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To: Bob Zacks who wrote (3388)	8/6/1998 6:16:00 PM
From: cdtejuan	Read Replies (1) of 10081

WOW-What a wonderful rise this week !!!!! :-) I had real damned luck that I had the possibility to think about the true value of GMGC over the weekend following the disaster of last Friday. So I was able to calm down my fears that I could loose all my investment in GMGC if this stock would have been shorted to $2-3. When I bought my second fat position of GMGC at 5.75 at Monday I was fearing to get burned if this wasn't the bottom...... Now this strategy did turn my heavy losses of more than 50% (at first in at $13) into a tiny but nice win!!!!!! I sold my new position today at $9: that's +56% in 4 days. I will be back if there is a new chance to get GMGC at $8 or less. Now my fear is that there might be no new buying possibility at these levels, but I'm out for vacation for some weeks, without the chance to react to volatility. I hope you all and GMGC do well in the future weeks!! I do truly love this stock. Go GMGC, Regards, Juan BTW, I want to thank all contributors of this thread for the sincere discussion in the last months. Thanx.

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