Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Susan Saline who wrote (3710)	9/13/1998 10:13:00 PM
From: Seconds Out	Read Replies (1) \| Respond to of 10081

For what it's worth, I agree with you. I believe that the sell off has pretty much already occurred in anticipation of an October "event". I am not saying that the market can't go down from here, but I feel the "obliteration" has already happened. Other than the blue chips, many many stocks are down 40%, 60%, and more. Asia, Latin America, Russia, Clinton. All are out in the open and discounted, IMHO. Of course, impeachment in the USA, Communism in Russia, or some other drastic event could alter not only the market but the course of history. I still believe the upside potential outweighs the downside risk at the current valuation of GMGC. I can't say that I am as sure of that with the market as a whole, but I don't think the major indexes will continue to fall enough to destroy what I believe will be some very positive momentum for GMGC later this year. Thanks to all who are sharing their views during this tumultuous time. Seconds Out.