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Technology Stocks : General Magic
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To: james a gustino who wrote (5299)2/22/1999 10:27:00 PM
From: terrapin  Read Replies (1) of 10081
 
It may be a long haul. I don't know about you, but it sure felt great to be long stocks that DID move up convincingly today. Unfortunately, what might be happening: investors buying companies with proven earnings (DELL,CSCO,INTC etc.) or companies with potential revenues that they know and use (AMZN,YHOO,EBAY etc.) with their GMGC proceeds.
Eventually the tide will turn. But a rising tide is supposed to lift all ships, and it feels like we're sitting on a reef.
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