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Technology Stocks : General Magic
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To: Austin S. who wrote (6611)6/29/1999 11:14:00 PM
From: Kurthend  Read Replies (1) of 10081
 
Good to hear from you again Austin after all of these months.

Portico is nothing in terms of revenue and it won't be for a long while (if ever). I agree with your assessment (in the short term) that GMGC will hurt for revenue.

Where GMGC is going to get the money is from going after the carriers who are in turn going after the big businesses. Think of BS and what big company (s) are in BS' area. Get the big businesses to accept a VUI and then the public will accept a VUI as the wave of the future. That is one way GMGC will get significant revenue. Another avenue is the portals. There are more portals coming down the pipeline in the next few months (IMHO). Wk, Intuit, and BS can't all be wrong IMO. They know that GMGC represents the future in unified messaging and one-stop shopping for telecommunication, company, and internet needs through GMGC's VUI.

My one caveat is that I didn't believe it would take so long for partnerships and revenue to start. Wait for a full qtr of revenue with WK, Intuit, XCIT, and myTalk. Then I think you will see the revenue start coming in on a meaningful level.

GMGC, IMO, wants to get a big partner who has the power to assist GMGC (validated in Markman's interview). What company has that power? Why were the 10 million shares registered? GMGC won't go broke and I really hope that they don't get bought out at the $5-7 range.

Anyway, take care and glad to see that you are still lurking.

Kurt
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