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Technology Stocks : General Magic

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To: micny who wrote (7260)11/11/1999 1:34:00 PM
From: John Madarasz  Read Replies (1) of 10081
 
micny,

I really don't have the time, energy or desire to try to convince you to accept different views on the company, and I think I have a pretty good grasp of the situation at hand. I try not to get too emotional about my investment decisions FWIW.

Yes I think management is executing.

Yes I think the General Motors deal will generate revenues in the future, and so does the CEO, as he states in the conference call; Of course he can't predict the future, much to so many shareholders obvious chagrin.

You feel otherwise and thats great too. It's not important who is right, but what is right. History will be the judge...hope you stick around... if not check back in 6-12 months.

Finally, I consider hiring a new CFO, a new public relations company and restructuring the company into two separate organizational groups to be managerial changes... and I feel comfortable waiting to see if they will execute.

Regards,

John Madarasz
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