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Technology Stocks : General Magic

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To: Straight Up who wrote (5579)3/13/1999 12:48:00 AM
From: VIPER85730  Read Replies (2) of 10081
 
Straight Up,

>I am long GMGC. At this point there is no sense selling. I do chuckle
when I read some of these posts. If investors are looking for a safe
haven for their money then they should NOT be playing the stock market.<

You sound like I did with another (unmentionable) company that lost me a ton. You should probably know that there is a $3000.00 limit per year on capitol loss deductions. The rest is carried over to future years. (Presumably against future gains). I hope you're considering all of this. You're not the Captain of this ship. You don't need to go down with it. A poster on AOL is suggesting that a secondary is underway in the 2-3 range. I can't verify this, but I don't doubt it either considering the vote to increase shares or the stocks actions.

VIPER-------<

P.S. If this turns out to be true, I wanna hear ONE person defend management and their game plan.

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