SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (6732)7/16/1999 8:41:00 PM
From: Seconds Out  Read Replies (1) | Respond to of 10081
 
Interesting couple of upward pushes today. It was nice to see instead of the 1/16 point a day death spiral.

Rick and I were conversing about whether it was volume in anticipation of something being announced early next week or whether it was the Preferred's finally starting to cover their short position after riding out the week to see at how good of a price they could cover before making the move.

Either way, I guess it is a good sign...and hopefully the start of a new pattern. I know it is way too early to tell, but it is at least a nice way to go into the weekend instead of the slow bleed downward.

Best wishes to all believers in the magic.

Seconds Out.