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

To: Seconds Out who wrote (4059)	11/9/1998 7:57:00 AM
From: dwlima	Read Replies (1) \| Respond to of 10081

The reasons for my recent purchase is as follows: 1) a stock that appears to have reached a bottom at $5-$6 per share 2) a market valuation that is not too outrageous (<$200 million), however, i would be more comfortable if the bottom was around $3-$4 per share or $100 million or so. 3) the 5-6 months of trialing and time to cultivate alliances must start to be panning out soon (I would have written this without seeing today's news!) 4) i have that feeling. i cannot explain it, but i think whoever wrote about the stars converging has hit the nail on the head- i just feel like with all the ingredients and the time that has passed, that we are on the verge of some very serious price appreciation. to all watching the markets taking off and gmgc remaining flat...i have two things to say: 1) i sold off IDTC at $13.5 per share 2 weeks ago after a big nasdaq rally and it remained flat 2) i never bought back into GLM when i contemplated it at $9 per share when nyse was gaining momentum and it was struggling dwlima