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


To: Kurthend who wrote (2323)6/17/1998 5:36:00 PM
From: Mark Oliver  Respond to of 10081
 
<PS Hope you didn't buy in at too high of a price today>

That's relative to when I sell.

I was surprised to see it selling off today, but based on the start of profit taking, followed by such great strength in the large cap stocks, it doesn't seem too odd.
I think it held up well. It looked like there were a lot of transactions on the sell side and there was a buyer waiting almost every time. 2 million shares traded in the first 2 hours and then things cooled off. I still feel there is a good reason to own this company going into next week. I think we'll see it regain today's loss and then some.

Regards,

Mark

PS As I posted earlier, I think the options will be positive in a back handed sort of way.