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


To: dgurgel who wrote (7123)10/22/1999 5:53:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 10081
 
dgurgel...

Without having access to level II it's hard to say for certain, but I think it is important to realize that the first conversion period for series D and F preferred shares was on Oct 14, so it's reasonable to assume shares will be converted and possibly sold into strength. If demand ,announcements and developments outweigh convertible selling we could see the beginning of some well deserved price appreciation.

The new #s re: short interest should be coming out on or around the 25th, covering here could also add some fuel to the fire if said developments do indeed come to fruition.

nasdaq.com

Got my seat bought and paid for, personally I'm ready for a good show!

Best Regards,

John Madarasz