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

To: Ray Rueb who wrote (3700)	9/10/1998 8:45:00 PM
From: Seconds Out	Read Replies (2) \| Respond to of 10081

We did, IMHO. Time will tell. I know this sounds like a cliche, but you don't need to get in at the very bottom to share in the top. I keep picking at these prices. It is raising my average cost but things could start happening rather quickly with the upcoming schedule of events. Good luck. I have to go. Suppers Ready.

To: Ray Rueb who wrote (3700)	9/11/1998 11:25:00 PM
From: Ray Rueb	Read Replies (2) \| Respond to of 10081

Ray Rueb is back in GMGC Yesterday I sold 10 contracts (Feb 12.5 puts) for $7.00 This means that on the third Friday in February I must buy 1000 shares of GMGC stock for $5.50 if the price of GMGC stock is less than 12 1/2. If GMGC stock price is over $12.50 then I keep the $7,000 someone paid me for the contracts. All I had to do was pledge $1,800 in margin at current levels and maintain an extra $1,000 in margin for every $1.00 GMGC drops below $5.50 (the stock price at the time of the trade). Sound complicated? Well it's like I just tied-up $1,800 in margin for the possibility to make $7,000 in February. Is that clear? How about... I just bought 1,000 shares for $1,800 in margin with a limit of making $7,000 and a limit of losing $5,500 if GMGC goes to zero (yeah, right). Now is that clear??? How about... RAY RUEB IS AGAIN BULLISH ON GMGC. The big move is scheduled for October 22, or earlier if Markman feels he is compelled by Nasdaq rules to pre-announce earnings. I'm betting he'll have to pre-announce. Load up BEFORE October 12. Good luck Ray