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

To: Mark Oliver who wrote (7886)	2/3/2000 8:38:00 AM
From: John Madarasz	Respond to of 10081

Hi Mark, For whatever reason, it should be interesting to see how the stock continues to perform under shorting pressure. It's hard not to believe that the stock was not being shorted while it ticked up yesterday between 2:45 and 3:15, that type of action is always suspect. Maybe we will see some covering in the near term on more news... (I know, that's asking for an awful lot<g>) Things are looking good, hope your still long at least a few shares. Regards, JM

To: Mark Oliver who wrote (7886)	2/5/2000 3:35:00 PM
From: Kurthend	Read Replies (1) \| Respond to of 10081

Mark, Been away for awhile and will be away for another week of so. Don't know if this has been brought up yet, but if it has then I apologize. GM has approximately 12 million shares. They bought those shares at around $1.68. The price closing yesterday was $8.5 or about a $6.82 dollar gain per share. Multiply the $6.82 per share by the 12 million shares and GM has already received a paper profit of approximately $81.8 million. Not bad for a few months work. If for no other reason than the profit mentioned above, I believe that GM has much interest in keeping GMGC alive. Still long and holding. Take care. kurt