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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Quiveringtrader who wrote (9043)	6/15/2001 12:59:24 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

GMGC: QT: GMGC has been trading near 1.00 for months now... The 3 year chart suggests that this is where the selling dries up.... bigcharts.com The 6 month chart shows hints of upward probing... bigcharts.com The 3 month chart shows periods of accumulation on large volume... bigcharts.com Technically, it's in a neutral period with a slightly negative bias in sympathy with the Nasdaq decline... Fundamentally, there should be some revenue improvement from the GM/OnStar relationship... General Magic's Virtual Advisor is currently powering OnStar in millions of new cars... So, the traders are buying other things... The investors are accumulating in sporadic spurts of several million shares in two or three day periods, then go silent again... The next two Qtrs should signal how well the new Mgmt team is doing... Revenue growth will be the tipoff... Caveat: I own it... Jim