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Technology Stocks : General Magic

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To: Straight Up who wrote (7423)12/7/1999 11:15:00 PM
From: Kurthend  Read Replies (3) of 10081
 
Straight,

It, IMVHO, is a controlled upward movement by the preferreds. Just like it was a controlled downward movement of the stock by the preferreds. Just look at the 1 or 2 year graph. The stock is up 72% in the last 5 or so weeks. I believe the preferreds are slowly releasing the short shares (covering).

I don't know what the future will bring, but there is immense interest in unified messaging and accessing the web. I see articles daily on this subject. This can be accomplished by a SR engine or chip (look at ISD or QCOM), a VUI, or a GUI (ie PDA).

My SWAG is that in the future (not to distant future) a SR chip will be used in the phone and will be accompanied by a VUI (GMGC or competitor) to access the web and email account. One example of a SR chip can be found at isd.com (I found this site this weekend). Also, read the post at the bottom of my post.

Look at the OnStar 3 button system. This right now basically enables a driver to press one button only before calling on the system. This is a great safety feature.

I am not discounting GUI whatsoever, but I think they can both definitely coexist.

I just hope that GMGC's work over the last year isn't for naught.

If GMGC is successful, the price will get there quick enough. Anyway, I will stop rambling. Take care.
Kurt

PS HC, I saw the after hours trades and those shares that were trading high were only for a 100 shares here and there. I don't think it means that much.

PSS There is a good post from a little know poster who goes by the name of Hawkerp. I think he is a techno geek wannabe:)
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