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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?

To: SilverFox77 who wrote (6619)6/30/1999 1:03:00 PM
From: hcirteg  Read Replies (1) | Respond to of 10081
 
Lorraine-

I think $3.75 is the bottom. IMHO.

HC



To: SilverFox77 who wrote (6619)6/30/1999 4:23:00 PM
From: Straight Up  Read Replies (1) | Respond to of 10081
 
Lorraine

With all due respect, nobody can predict bottom. The market, in general, has been waiting for Greenspan and therefore been very depressed. From this point on we will see the long awaited summer rally IMO.

Now, keeping all that in mind, I don't see GMGC taking much more of a hit. At 3.50ish your downside risk is very limited. The convertibles have about a week or so left and then this rocket will take off. ALL IMO

Straight Up


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