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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?

To: Don Dorsey who wrote (337)	7/1/1998 5:09:00 PM
From: louis mason	Read Replies (3) \| Respond to of 615

TRIUMPH!!! If I'm not mistaken, GIC closed above 29 today- & I reached my original buy-in price. What a ride down to 14 & back- wish I had picked some more up actually, but I don't have that kind of money. The only problem is that I still can't give it up because it's still the best stock in my skimpy portfolio. The potential for this market is massive now that ATT is becoming involved. It also looks like everytime ATHM jumps, GIC follows a few hours later. How do we price these stocks correctly if none of them are making money? Anybody think GIC is headed for 35?- how about 45- thats a nice firm number. On a side note, there are some guys laying fiberoptic cable in the hallway outside my office right now, and their box-o-wire has Commscope stamped on it in big letters. Long on this one... l mason