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 : Santa Cruz Operation (SCOC) Going Up? -- Ignore unavailable to you. Want to Upgrade?

To: BLong who wrote (481)	12/27/1999 10:50:00 PM
From: Richard Tsang	Read Replies (2) \| Respond to of 656

Re MGIC, I am not selling. I am looking for their market cap to reach 1 bil in 12 months. After the 3-1 split, it will allow more institutional participation. They are talking about selling more shares thru private placement too. Low 60's should be good starting point. Can be volatile going forward because of split and new issue, but you can always try to average up or down. I also own some FORTY, not because of MGIC, but for their other holdings and very reasonably priced. Need some patience in FORTY. From what I am reading, it will move next year, if not sooner. A double from here is possible, IMO. Rich