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


To: deepresearch who wrote (5804)4/12/1999 12:28:00 PM
From: Rhino  Read Replies (2) | Respond to of 10081
 
I'm on the level. I didn't say much because I don't yet know how much of what I was told is considered insider information. I'm still doing DD on the company to find out what's been said, and how much information I can give (Also, I need to know what kind of information to get from my friend).

Let me just say this again: the person who gave me the information is (to me) absolutely credible. He's not someone to be swayed by technological hype. He's been in strategic marketing since the day he was born (: , and so knows well if good technology can be translated into a product that will sell.

He's an extremely level-headed, rational person. And he was clearly excited about what he knew about GMGC. Excited enough to put up a large chunk of cash to buy stock.

I still don't know much about GMGC. But based on his recommendation, I'm going to buy into GMGC.

I do this realizing that the technology under-development is not going to be announced for several months. I'm prepared to ride out the waves that the rest of the posters on this thread seem to have been hit pretty hard by. I just can't ignore his enthusiasm, given his experience in the Valley.

Take it for what it's worth. I'm definitely NOT saying this stock is going to shoot up near term. What I'm saying shouldn't bring relief to the day trader who hoped to make a quick buck on this stock.

I'm talking only to the longs. Give GMGC a chance.

I'll post more information as it becomes available. But I probably won't post everything. I'm leery about posting what may be considered insider information.

Rhino