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

To: equityanalyst who wrote (9523)	5/3/2001 12:38:49 PM
From: James Strauss	Read Replies (1) \| Respond to of 10081

GMGC is over 25% higher than it was last week... The short term gap in the 1.20 area has been filled... bigcharts.com The intermediate term trend is up... bigcharts.com It has rising intermediate term trendlines... It has a new 2 year contract with GM (OnStar)... It will announce a new deal with IBM in the next few weeks... It will be cash positive in 4 or 5 qtrs... Profitability can't be far behind that... They've brought in experienced mgmt that will focus on revenue growth... The larger volume in the 1.25 plus area reflects microcap accumulation... It wouldn't surprise me if we begin to see some insider buying by those now steering the ship... This all adds up to a future that's much brighter than the past... I'm still looking for tests of the 2.00, 3.00, and 5.00 areas in the next few months... Jim