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

To: dgurgel who wrote (8148)	3/2/2000 12:59:00 PM
From: Papillon	Read Replies (2) \| Respond to of 10081

What's your take on this strong move?

To: dgurgel who wrote (8148)	3/2/2000 6:48:00 PM
From: Sully-	Read Replies (1) \| Respond to of 10081

From Dorsey's CNBC page..... 03/03/2000 Start here & click on 'Portfolio View and Comments' to his comments on GMGC...... dorseywright.com [GMGC] General Magic Inc ($11.375) with today's move above $12, the stock is back on a buy signal and at a new chart high. The trend remained positive with the strength of the bullish support line. RS vs. the market and its peers is positive. Would ideally like to play this one on a pullback or on the formation of a higher bottom. From here a move to $7 would be a double bottom break and violate the uptrend line. Here are his earlier comments from 2/23/00....... -------------------------------------------------------------------------------- 02/23/2000 [GMGC] General Magic Inc: The overall pattern of higher bottoms persist as does the series of double top breakouts. But GMGC did reverse down to make a lower top yesterday. Initial resistance has formed at 10 1-2. The main trend is still positive and first breakdown would not occur till 8 1-2. Hold current positions here if long and use 8 1-2 as the initial hedge point. -------------------------------------------------------------------------------- Message 12961413 w2