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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (16412)4/27/1999 9:24:00 AM
From: Papillon   of 17305
 
Here's another one to keep an eye on -- GMGC. Unusual price and vol activity late yesterday afternoon. No news so far, but the stock looks to gap up on the open. I've been trading this one up and down for several months. Recently hit hard by the slow acceptance of their great voice technology, no earnings worth speaking of, and bleeding red ink. However, MSFT does own about 10 or 11% of the company and there are lots of trials going on with Telcos. When one of the telcos announces that it will use GMGC's patented agent technology the stock will explode. However, part 2, the stock has a history of opening higher only to fall by end of day. Nevertheless, the activity yesterday afternoon sure looks like something leaked out. We'll see.
Best,
Papillon
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