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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?

To: John F Beule who wrote (427)	8/27/1998 2:33:00 PM
From: Don Dorsey	Respond to of 615

For his own credibility he should either confirm the $42 price target, or back away from it in light of the secondary offering announced yesterday. Silence leaves his clients confused about whether to take their losses and move on, or to add to their positions.

To: John F Beule who wrote (427)	8/27/1998 6:55:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 615

3 Items came together against this stock today: 1. The global thing- effected every stock in the negative in my portfolio except TALK 2. MOT announces it is coming with new tech TV set top box. 3. Forstmann et al filing for sale of 10-12% of stock in a lousy market. These guys did themselves no favors as they day they annonced it was already very hairy. They must think there is a lot worse to come otr they would yank the deal citing market conditions. By the way re: item 3 did anyone note the effective date. No money to average down. JFD