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Technology Stocks : General Magic
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To: Bryan who wrote (6204)5/20/1999 10:30:00 PM
From: steinman  Read Replies (1) of 10081
 
Traders love this stock. They can pump it up to 5-6 with a nice buy day to get some attention, run a rumor about SUNW or some other equally preposterous takeover story, throw in some big options call buying and then dump real hard. Some make the money all over again by shorting. It's the easiest money in the market. And they are going to keep doing it until the company shows some meaningful revenues. Not talk about "significant" numbers at some future point.

ws
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