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Technology Stocks : General Magic
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To: Kurthend who wrote (5437)3/7/1999 2:56:00 PM
From: Rick Rappaport  Read Replies (1) of 10081
 
Kurt,

I support your analysis of 3Q earnings and have been trying to get this same message heard: keep expectations low this Q. In fact it's Q3 I'm targeting assuming there is some financing in place by then so there is a Q3.

What is your take on the decreasing Institutional ownership? A pattern that often develops for those "longs" on a stock is the denial or rationalizing of onitsface bad news. There is a post about the change in institutional ownership in Yahoo today.
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