General Magic (fka GMGC)

[Baja33]

Thanks for you reply Fred. I was basically referring to my heavy investment in tech altogether (the dot.bomb comment was probably not the right way to explain my situation). I started investing in Aug-2000 after the peak. I have been trying to catch a falling knife ever since. I have averaged down on most my large cap tech stocks to a more reasonable cost (and I can live with where I am invested on these). The dark cloud over my head is GMGC - If I can just get back to even on this one ($0.53) I will only be down approx 20% on the rest overall.

Diversification really is the key I've learned. Bonds and consmer staples etc. are not the sexiest investment but, man, do I ever wish I had the balance they provide!

As for Magic don't think that we are now and forever going to be a $0.15 to $0.25 stock FOREVER. I think there will be a few more kicks at the "can". It's just soooooo painfull as Pez describes things to watch the manipulation and posturing of the guys running market on this stock.