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: VIPER85730 who wrote (4472)	12/19/1998 11:19:00 AM
From: Ray Rueb	Respond to of 10081

Now is the time to buy (2nd time I'm saying this) There may be an opportunity cost associated with buy GMGC now vs being in other stocks, but if you want GMGC, NOW IS THE TIME. I foresee steep GMGC price rise in February (just like last year). This is an explosive stock. Will we hit 4 1/2 before we move up? I think so. Will we ever see $14 a share again? I've stated this is a $20 stock, and I still believe that. I've also stated that I fear $3.00 a share. I'll restate that fear again, there is HUGE short interest in this stock... That tells me we'll either get continual pounding (down to 3) or a quick and explosive short seller's squeeze up to 9. I look at this company, and their technology is great. But as UNIVAC can attest, technology isn't everything, you gotta have marketing, product acceptance and product delivery too. I'm long 3000 shares. Happy holidays and good luck to all Ray