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


To: Subu Darbha who wrote (4374)12/7/1998 9:32:00 PM
From: Sea Otter  Read Replies (2) | Respond to of 10081
 
Subu, I don't know the answers to your questions. A given
daily stock price in general, and GMGC's in particular, is always
a mystery to me. I'm a lousy trader.

So I invest based off what I know - science/engineering
fundamentals. Find a firm with great latent value, and
then buy and hold until the market recognizes that value.
It's my judgement that GMGC is such a firm. These daily
fluctuations don't add or detract from that assessment.

So, unless something changes on the engineering/value
front, I won't sell GMGC, no matter how low it goes.
Why should I? Instead, I'll simply wait until I can
net another 100k return. Sooner or later, this is
the most likely outcome.

But, in the interim, GMGC could do almost anything, include
hit $1. And certainly there are "hotter" stocks to chase
at the moment. Good luck.

Sea Otter