Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: hcirteg who wrote (7231)	11/10/1999 3:16:00 PM
From: John Madarasz	Read Replies (2) \| Respond to of 10081

hc... You can probably expect preferred shares to be converted into any kind of buy interest strength, there-by governing so to speak any radical movements up in price... for the short term. I would guess that a substantial amount of new shares are entering the equation, with the remainder changing hands back and forth between retail traders. This is all regardless of the excellent announcements released today with earnings. This company is finally coming into it's own, and the product it has to offer is being recognized for it's first rate applications. The current short position, if it holds, will eventually have to contend with concerted buying interest, and we all know what that will mean for the share price in the future. I'm glad you decided to stay in. As I see it now, the preferred share issue and short interest is a plus short term, as it will afford the savvy investor a chance to build their portfolio holdings at these prices on low volume in the near future. Best Regards to all longs who had the vision and courage of their convictions to hold their positions in this very exciting and growing company. Best Wishes, John