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To: Ray Rueb who wrote (3657)9/1/1998 7:59:00 AM
From: Mike Gordon  Read Replies (3) | Respond to of 10081
 
> I'm trying to trade my way into enough cash to buy a good long
> position in GMGC when it gets under $3.00 sometime in October.

Don't take this personally, Ray, but IMO your price predictions are colored by your individual bias (long forced out of the market looking for a shot at re-entry)

If the market doesn't revive, I think we'll re-test support @ 4.5, pop back into the $5 range, and then slowly start our recovery.

Given that the balls-out national ad campaign and general PR machine will be fired up in late September, I think the odds are strongly against you getting in under $3 in October. Despite Markman's attempts at "reforming" GMGC from hype stock to straight walker/talker, the hype from the national release is going to be like a good shot of vitamin B.



To: Ray Rueb who wrote (3657)9/1/1998 8:55:00 AM
From: Amy Roberts  Respond to of 10081
 
Ray,

I hope your wrong again today! :} I'm still hanging onto my core shares (few that they may be). I have sworn NOT to trade this stock on margin. (Broke that rule twice already to my regret!)

I think that we will see a bounce across the board today. And my gut feeling is that we will see a carrier announcement sooner rather than later....

Happy Day

Amy



To: Ray Rueb who wrote (3657)9/1/1998 11:11:00 AM
From: Jane Hafker  Respond to of 10081
 
Ray, when I spoke to Wendy, it seems to me that she clearly mentioned that the "telecom" carriers (my words) were not on a strict schedule which would have been like now, almost, per plan. She said twice that the Telecom announcements would be in the FOURTH QUARTER. That was my understanding. Am I wrong?

Again, anyone knowing all this, and smart money is that, believe me, so smart it makes sick when you're not, that would have been a perfect tip to step sideways and just reenter for much more a few months later.

If the telecom announcements are going to make a big difference, and you don't see them real soon, it is possible that they are redirected now into the fourth quarter. Again, this is news driven stock, period, regardless of what anyone thinks, and lack of that news will cause unhappiness if it is not on time. It may not be. Nothing on this is now set in stone. Set in stone causes big mistakes that take too long to clean up, as we see from the July 30 debaucle.

Just warning anyone really really nervous. I think everyone should lighten up and think more like an investor and leave the trading frogs hopping from hot pan to hot pan to still try and pump and dump JAXI and EUTO and SEXI and about 1000 others.

This is going to be a really strange fall, people. So best get ready for it IMHO. With very little on paper, I can do nothing but sit and smile at the absurdity of it all.