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

To: David who wrote (3546)	8/25/1998 11:01:00 AM
From: Ray Rueb	Read Replies (5) \| Respond to of 10081

More dangerous times for the near term stock price Again, GMGC is testing the support at 6. EITHER: We bounce off 6 or 5 5/8 intraday and get our triple bottom, OR We blow through 5 1/2 and set off another 50% drop to $3 If we go below $5 GMGC becomes unmarginable for many people and the stock will drop to 3. Set stop losses at 5 3/8 and hang on tight. Realistically, I think we're in a down-trend looking for a floor. THIS IS NOT ABOUT PRODUCT OR COMPANY. THIS IS TRADING DYNAMICS.