General Instrument Corp.'98 (GIC) Message Board

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Technology Stocks : General Instrument Corp.'98 (GIC)

GIC 30.04

-0.6%

Jan 28 3:59 PM EST

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To: John F Beule who wrote (427)	8/27/1998 6:55:00 PM
From: John F. Dowd	Read Replies (1) of 615

3 Items came together against this stock today: 1. The global thing- effected every stock in the negative in my portfolio except TALK 2. MOT announces it is coming with new tech TV set top box. 3. Forstmann et al filing for sale of 10-12% of stock in a lousy market. These guys did themselves no favors as they day they annonced it was already very hairy. They must think there is a lot worse to come otr they would yank the deal citing market conditions. By the way re: item 3 did anyone note the effective date. No money to average down. JFD

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