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Technology Stocks : General Magic

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To: LastShadow who wrote (6644)7/1/1999 10:03:00 PM
From: John Madarasz  Read Replies (3) of 10081
 
LastShadow...

While I certainly respect your opinions and candor I must take exception on only one point; I would have to argue that given the companies position as the leader in this particular technology it is in their best interest to maintain a guarded posture in regards to R and D and Investor Relations. What better way to lose your leadership position than to put the short term interests of
greedy non-commited shareholders before your business plan.

I can honestly say that after researching literally hundreds of companies and their respective web sites, I have yet to find one that has a more informative Investor Relations set of links. I'm sure you will agree that the site is comprehensive, easy to navigate and particularly attentive to their investors.If you can direct me to a web site with better IR links, I will gladly concede this point.

I don't believe management, the board of directors or the CEO has done anything but put the company and the shareholders best interests
first. This is THE state of the art technology; it is more than just neato and cool. Men like Bill Gates have stated publicly that this will be the future. I would defy anybody to find a CEO who has addressed the cries of so many uninformed and impatient investors with more diligence.

It is unfortunate that in this day and age patience and foresight have bowed to the pressure of instant gratification...we have become accustomed to so much success, anything short of the miraculous has become "second rate" or lackluster.

I have read too many scathing commentaries on companies with "poor management and weak fundamentals" that change to raving reviews in the blink of an eye upon the development of the "poor" business plan.

I don't know who manages your mutual funds but if you read the following link, I think you will find that the odds of making money in this "bull" market are very interesting indeed...
Message 10232348

I wish you all the very best with all your investments; you obviously are a very astute individual as evidenced from your interesting posts. That we differ on our views of management is just an aside. We should both appreciate the fact that we are afforded this forum to advance our particular points of view.

Again, Very Best Wishes...

John Madarasz
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