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

To: Raven McCloud who wrote (3868)	10/9/1998 11:05:00 AM
From: Mark Oliver	Read Replies (1) \| Respond to of 10081

Shorting is a tool that is probably applied for the reason that people want the stock to fall to fill conversions at the lowest price. Once that has happened, they will start to cover. It doesn't seem to be honest, but that's reality. Is there any SEC report that would show short interest? Anyway, I can count many companies with strong business models and lots of potential trading way down. Many at or below book. This is not a rational attack on GMGC in particular IMHO. I think they are doing everything they can in a good manor to develop a unique business. It's a story that will take years to develop. I'm hearing very nice radio ads. Good visibility at trade shows. Polished look and feel to product interfaces and support literature. I like the prospects of what can happen with this company. In fact, I would like to be reselling it. It looks like an easy sell. Wish they would give subscribers a bone for referrals that sign up. Anyway, seems like my portfolio has been decimated come back so many times I hate it, but will sit tight. Even in a good market, if the company has problems it will go down. So far, I see nothing that has changed my opinion that GMGC can do very well. Regards, Mark PS Watching these threads and the market like we do pushes us to trade. Trading for trading sake is not going to make money. Sure, we see big moves that could've been, but reality is we just have to follow the macros. Now the macro is the price is low.