SI
SI
discoversearch

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: Iraklis who wrote (3608)8/27/1998 10:02:00 AM
From: Sea Otter  Respond to of 10081
 
Entry points.

I have buys in at $4 and and $2 7/8 (very large buy here).
Actually, I still have a small gmgc position (shrinking in
value every day). I keep it just in case something
unlikely happens and the stock pops.

This whole trading/short-term price thing is absolute
voodoo to me. So my entries are based off of pure
guesswork, guided by other people's pure guesswork.
Certainly doesn't reflect my sense of underlying value
of the firm.

Hmmm ... maybe I'll get that $4 order filled today.

Sea Otter



To: Iraklis who wrote (3608)8/27/1998 10:07:00 AM
From: JC  Read Replies (1) | Respond to of 10081
 
Iraklis- God I am glad these visits from the evils of YHOO are few and far between, that is why I left there in the first place, these people who have wild and unfounded predictions for the future. Personally, I think that your orders are right about at the bottom. I see this stock hitting 3-3 1/2 by friday, and trading within a 1 pt margin through the fall. If and when advertising and reviews come out about the product, and ratings and forecasts of revenue begin to flow, we may see the stock slowly pick up by spring. A big carrier announcement or an announcement of revenues exceeding expectations might cause a spike, but I think most of the money in this stock is in for the long haul, and that the price will rise long run, but slowly until real revenues.

JC