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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (2560)	9/3/1998 4:34:00 PM
From: Kurthend	Read Replies (1) \| Respond to of 18998

Christian1310, You had better watch shorting GMGC. If you are basing your short on the revenues produced over the last year then go ahead and short. If you are basing your decision to short on the future of GMGC then good luck. Markman (CEO) from what I can tell is in Europe for 10 days and it is not a vacation. Eight telecos were trialing and last Friday that number was increased to eleven. Due to their successful progressive rollout, GMGC has announced their intention of moving their schedule up by one month to the end (prior) of September. I was informed by Markman that when they are ready the announcements will flow (in terms of advertising, telecos signing up etc). Just beware and do your homework before you short this stock. It dropped from 15 IMO due to several reasons (bad earnings last qtr based on the costs of the ramp up of Potico, selling on news of the announcement of Portico vs buy on rumor, investors taking profits, margin calls, etc). Barring any bad news the downside on GMGC is limited at this point. The price doesn't seem to want to go below the 5-6 range. If announcements start, then the price will shoot up dramatically IMO. Good luck, Kurt

To: RockyBalboa who wrote (2560)	9/3/1998 5:20:00 PM
From: TRIIBoy	Respond to of 18998

You are right about FP, there were very little upticks today. I was only able to get in after 2 points down, after trying all morning.