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Technology Stocks : General Magic

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To: Frank Wechsler who wrote (5456)	3/8/1999 4:34:00 PM
From: Robert V. Cavaleri	Read Replies (1) of 10081

My feeling is 2 things, 1 good old fashion FEAR since the earnings report is in 2 days, and 2 margin calls. My feeling I'm afraid is that the street has been pulling us down slowly, a little by little over the past few weeks in anticipation of this earnings announcement. We have seen proof of a decrease in institutional ownership since the WK deal was announced. I am hoping just as much as everyone that we'll hear positive things, specifically that relate to REVENUE at this conference call. When a clear and definite pattern of revenue growth can be ascertained by wall street, we will then rise. I belive this will happen, but right now nobody really knows, and unfortunately a lot of people think that revenue numbers for the past quarter will be nothing more than 'nominal' as Markman stated. I've read a lot of good information that might suggest the contrary, as I've tried to post on this board during the last few days. I just hope that we'll get some kind of an unexpected, but good surprise on Wednesday to launch us back in the other direction where we belong. My opinion of course, comments are welcome.

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