General Magic (fka GMGC)

[Baja33]

Pez,

I do honestly believe that $.021 is the bottom for this stock, given that the equity deal was completed at this price. A great entry point for anyone looking to make a double or slightly more in the next month or two. I just wish I had waited. I loaded up on Thursday and Friday of last week at $0.26 thinking that Hyperion would let it run slowly up. I guess the next round of equity is to close from a timing perspective to make the same sort of run they did at the end of January prior to. The next round will be done at $.021 less 20% in my opinion then that will be it until the end of the year (when cash breakeven is anticipated to be reached). IMO, now's the time most people stuck in at averages costs of more than $.050 should be making a move - the risk is limited. Hey look, if Rom (who has lost $180K) on this stock is back in AND Chunderr (the expert investor in GMGC) is back in - it just may be the right time - but who really knows. I can convince myself of just about anything.