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


To: Jane Hafker who wrote (3645)8/29/1998 8:57:00 PM
From: Ray Rueb  Read Replies (1) | Respond to of 10081
 
RE: Losses while you're still long

<< I have nothing but loss here, to this point, but don't seem to really be worrying about it very much. >>

Its not a real loss until you sell.
Find some more cash and set a buy order for 3 1/4,
this will lower your average cost.

Otherwise, it's not safe to go long this stock until November.
Very volatile and risky now.
Relax, long term we all know this is a great company with a bright future.

I read that Lucent and Motorola or somebody are building
what GMGC has just released. We'll see that product in 2 years;
I used to work at Bell Labs, and fast features and other minor modifications took 6 months... a major product undertaking and they'll still just be talking about it 6 months from now.

Hey, you'll be OK, but like you said, you already know that.

Take care, and keep bugging Wendy.

Ray