General Magic Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : General Magic

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kurthend who wrote (4528)	12/23/1998 11:29:00 AM
From: Seconds Out	of 10081

Nice find, Kurt. I think Trust2000 makes a lot of sense, and I tend to agree with his take on things. Either he met with them or he is very astute, imho. The two items of concern continue to be the cash flow situation, and their inability to project revenues at this time. I have posted before that I feel they will go the strategic partner route. That would lend both credability and stability to the company in return for the dilution which would occur. They are in a position to offer their partner much more in return than they could have six months ago. They did what they had to do to survive by going the Convertible route before. It has been costly in terms of stock price. The revenue projections is a tough one, because nobody has ever done this type of business before. I am sure they can find some other type of model to use, but I can understand their reluctance to put numbers out publicly given the past failings of the (old regime of the) company. These factors contribute to a large degree as to why I, you and it appears others, feel the upside dwarfs the downside at this time. The stock price is being punished by this uncertainty while the underlying fundamentals continue to come together. Seconds Out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next