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Technology Stocks : General Magic

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To: John M. Gelnieau who wrote (6013)	5/3/1999 6:03:00 PM
From: Sea Otter	Read Replies (3) of 10081

My guess: it won't be long now. If the rumor is not valid, I'm told the firm will usually put out a statement to that effect. "We don't know why there is unusual activity in our stock, rumors of an impending acquisition are untrue" etc. If rumor is true, the wave will have to break pretty shortly. The cat is trying to claw out of the bag. May 5th calls, press releases on option activity, and overall buzz means that gmgc/X/whatever must be imminent. My guess is that we get our news tomorrow. After close. Either "official disclaimer" from GMGC, or ... Sea Otter

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