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


To: Bob Zacks who wrote (3388)8/6/1998 6:16:00 PM
From: cdtejuan  Read Replies (1) | Respond to of 10081
 
WOW-What a wonderful rise this week !!!!! :-)
I had real damned luck that I had the possibility to think about the true value of GMGC over the weekend following the disaster of last Friday. So I was able to calm down my fears that I could loose all my investment in GMGC if this stock would have been shorted to $2-3. When I bought my second fat position of GMGC at 5.75 at Monday I was fearing to get burned if this wasn't the bottom......

Now this strategy did turn my heavy losses of more than 50% (at first in at $13) into a tiny but nice win!!!!!! I sold my new position today at $9: that's +56% in 4 days.
I will be back if there is a new chance to get GMGC at $8 or less. Now my fear is that there might be no new buying possibility at these levels, but I'm out for vacation for some weeks, without the chance to react to volatility. I hope you all and GMGC do well in the future weeks!!

I do truly love this stock. Go GMGC,

Regards,
Juan

BTW, I want to thank all contributors of this thread for the sincere discussion in the last months. Thanx.



To: Bob Zacks who wrote (3388)8/6/1998 8:14:00 PM
From: Austin S.  Respond to of 10081
 
My thoughts on Myosphere is that MOT will end up utilizing GMGC's technology into it's platform. Actually, this is my best guess.



To: Bob Zacks who wrote (3388)8/6/1998 9:32:00 PM
From: Seconds Out  Respond to of 10081
 
I personally believe that neither the price drop or the price recovery were in any way related to Myosphere.

If you are interested in the potential relationship or lack thereof between MOT and GMGC, a number of posts exist over the last few days on this thread for you to review.

Seconds Out.