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

To: hcirteg who wrote (8203)	3/8/2000 6:36:00 AM
From: dgurgel	Read Replies (1) \| Respond to of 10081

You argue well. You may be right. However, the earnings, as you know, are for the quarter ending Dec 31. If they expect those results to be a reason for the rise to 12+, you would think that the present quarter would have them positively euphoric. And they are not that. They need the attention of the Street so badly that they should at least put out something this morning that will get listeners for the CC. Why did they hire the big gun PR and marketing firms? If there is no PR this AM, then those guys who have bet the farm will be tempted to lock in some gains rather than holding through the CC, especially with the markets unsettled. Noting the fall off in old-timers on RB I think that most of the $2 and $3 buyers are gone. I have no position but would like to get back in before the CC. If the price is flat or declines today (my expectation), I will be in long. If there is a runup above $14 on no news, the odds in my view would swing towards a short strategy. In any case I belive that between 10:15 AM today and tomorrow 10:15 AM we will have some winners and losers, i.e. there will be a 20%+ change in the price. I chose the 10:15 AM time because this stock has repeatedly shown high volume and large swings at the open. Look at the intradays and note the spike (up) many mornings. Perhaps we have some European MMs doing their work before going off to dinner.