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: cool who wrote (3235)	8/3/1998 8:31:00 PM
From: Instock	Respond to of 10081

GMGC could be a very nice Short term "Bounce off the bottom" play for Tuesday. It showed some Buyers late in the day as it recovered from it's interday low. Very oversold. Buy Low. Short Sellers will be covering ( buying ) soon to lock in their profits. Bottom fishers and those who play the Dead cat bounce stocks, will be looking to BUY. The stock is so over sold that a rebound of some kind would be expected. I think Tuesday the stock will be UP for the first time in 5 days. Could see 7 1/2 with some luck. IMO Instock