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


To: Robert V. Cavaleri who wrote (5527)3/10/1999 11:34:00 PM
From: John M. Gelnieau  Respond to of 10081
 
Robert,

Please define a lot of people for me.

It always amazes me on these boards that we talk about all these people on the boards selling out like we even matter in the sceme of things. There have been a total of 29 posts since 4:10P this afternoon until now by probably less than 12 people. If every one of us held 20K shares and sold at the open we would have negligible lasting effect on stock.

The market will react tomorrow based on many factors one of which is the earnings and forward looking statements from this afternoon. Also, I think we will get a since based on the reaction to what the market thinks of this managements view of VUI promise in the future.

This stock is a small cap high tech speculation and a good one at that IMO. Will the money run out? I don't know, and if this is the only one of these that you have then you have broken rule #1.

If you are really in this one longterm then keep looking down the line 18 to 24 months. If the market gives us a chance tomorrow, Monday, or a month from now average your position down. that is of course assuming that you have not broken rule #1 and GMGC is not your only small cap high tech speculation.