Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kurt Goebel who wrote (3160)	8/2/1998 8:31:00 PM
From: Bruce Supranowicz	Respond to of 10081

Self-fulfilling prophecy? Almost everyone seems to think we'll have another 26% decline just because GMGC tanked last Friday. That, to me is as silly as thinking the stock will rise 26% because it rose 26% the previous trading day - on no news. Nobody can predict the future. But, because some people tend to believe something is it is stated often enough, they act as it's inevitable, and make it a self-fulfilling prophecy. Whatever someone plans to do - sell/buy/hold should not be dictated based on emotion. That's the type of thinking which gets investors in trouble. Trade on logical thinking. I believe that nothing has changed with the company except for the fact that Portico is out and beginning to generate revenues, and hence, intend to hold for at least a year. Good luck to everyone, whatever you decide to do with the stock.