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To: Subu Darbha who wrote (2617)7/5/1998 2:33:00 AM
From: Ray Rueb  Read Replies (1) | Respond to of 10081
 
RE: next 3 months

I foresee a possible downturn in the very short run.
Microsoft selling some shares might spook some people.
Also, 8x the stock price in 5 months is pretty good.
Even with the events of the last week, many people are up pretty big,
so if I were a true speculator, I'd be locking in some profits.

As to the positive side, post #2573 went almost unnoticed.
What will this stock be priced at when MCI/WORLDCOM announces
a marketing strategy that includes GMGC products?

I say there's a major gap up in the near future.
The only thing I don't know is:
will we gap up from 8 or 12?



To: Subu Darbha who wrote (2617)7/5/1998 11:09:00 AM
From: Sea Otter  Read Replies (1) | Respond to of 10081
 
Subu,

My guess is we won't get a true carrier announcement
at launch. Instead, perhaps we'll get a smaller
bone, like a strong statement of carrier trial success
and intent. I believe the party line: trials are going
well but it takes time for the carrier brontosaurus'
to waddle forward. Therefore they'll mask their intent
until they're ready. Must be careful - there are
T-Rexes out there! (Sorry, I'm reading my niece's
dinosaur book this morning).

Don't know what this means for the stock over
the next three months. I could concoct a case
either way. Wouldn't be surprised if we soared,
wouldn't be surprised if we hit $8 ... how's
that for clarity? In fact, we may do both.
I suspect it will be a trader's paradise.

Upside wildcard is anything from microsoft regarding
the agent work. And there could be other surprises
in the works.

Personally, I lightened my position. This wasn't
motivated by doubts, it was motivated by the fact that
gmgc had grown to represent too much of my net worth
and the price/volume hit a pre-established trigger
point. Should we get back to single-digits, barring
any negative news, I will certainly add again.

Good luck to us all.

Sea Otter