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


To: William Presti who wrote (5604)3/15/1999 1:04:00 PM
From: Robert V. Cavaleri  Read Replies (2) | Respond to of 10081
 
I would like to know if anybody can confirm this:

TIAA_CREFF Holds GMGC:

Someone posted on the Yahoo message board a list of the top 5 institutional investors. 5th on the list at 316,000
shares or thereabouts was TIAA-CREF. I have not verified this info, but assume it to be true.
This is significant. TIAA-CREF is a huge mutual fund that manages retirement for college professors and
researchers. It is well managed and well run. They are quite careful before taking a position.They also sell
mutual funds to the public.
That they would invest in GMGC says to me that GMGC is not longer a speculative stock, but an undervalued
stock. TIAA-CREF does not knowingly invest in losing propositions.