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


To: Sea Otter who wrote (3684)9/3/1998 6:43:00 PM
From: Karen Lawrence  Read Replies (1) | Respond to of 10081
 
Everyone including my broker, the last to know anything, says "yes, sell-off" Friday and/or Tuesday.

GMGC, specifically, though, I'm guessing even if it gets knocked down, it'll get back up again, nobody's going to keep it down. lala.



To: Sea Otter who wrote (3684)9/3/1998 7:50:00 PM
From: Rubber Man  Respond to of 10081
 
GMGC will fluctuate :) Seriously, I'd love to box my GMGC position until further development and take advantage of any splurts/sell-offs associated with it. The only thing is it'll take twice as much buying power to maintain such a stance, not to mention I'll have a broker who allows boxed position.

If worse goes to worst and GMGC bankrupts (I like to look at extreme cases) a boxed position also allows shorting below $5 or whatever limit your broker imposes.

The market in general is simply reflecting what the economy will be in the future. There's no way, with all this trouble in the world, for the market to continue to maintain an above-average rate of return.