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Technology Stocks : General Magic

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To: Rob Anderson who wrote (7703)1/12/2000 9:07:00 PM
From: Seconds Out   of 10081
 
Rob

I cannot argue that GMGC should do a better job of PR. It can be aggravating, for sure. But if they deliver the goods, I will be more than happy to excuse their ineptitude in that aspect of their business if it is because of their intensity on meeting the specifications necessary to finalize deals like the OnStar deal.

In time, I believe they will mature as a company and not leave us feeling so neglected.

Meanwhile, I am happy to have had the chance to buy again in the 1's and 2's this fall. I bought originally in that range back in the fall of 1997. Rode it up. Sold some. Rode it back down...painfully. I can tell you that I had bought enough additional shares this fall that I sold off over the last few weeks to be ahead of where I was when GMGC was in the double digits last time. I took a big shot that recently has paid off. Maybe that is why I have some tolerance.

I remain with a nice core position left for the ride ahead, and I look forward to what this year has in store for us, especially if GMGC honors its statements about no more Sharks. It is a huge hurdle to be clearing.

Best wishes.

Seconds Out.
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