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Technology Stocks : General Magic

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To: Seconds Out who wrote (7679)	1/12/2000 10:27:00 AM
From: Straight Up	Read Replies (2) of 10081

Hi Seconds As you know I am long, very long GMGC. I just felt I needed to comment on your post. "I think GMGC is running full out on developing product for key partners or soon to be partners." I hope this is true. But I find it very disheartening to see that they are not scheduled for one single marketing trade show. This means - no new product launches - no consistent name recognition - etc. In the years that I have owned the stock, this is the first time that they will NOT be marketing products. As for developing products for key partners - Lets remember INTU, QWST, MSFT and all the other deals that never came to fruition. "I don't think it will matter that the website was a bit behind if the technology attracts the right players" Its not just about the web site being a "bit behind". Its about perception. Lets face it, GMGC is trying to position itself as an "internet" company yet their key marketing tool - their web site - is awful! Check out successful companies - AOL, DELL, MSFT - you will never see an out-of-date web site. Steve Case and Bill Gates are continually touting their companies with notes at their sites. "I don't think we will see a death spiral, I think we are seeing a healthy chart which cannot go up all the time. I think the Preferred's conversions have something to do with us dropping off from unsustainable prices which occurred a bit too quickly." Becareful here - Do you remember last year when the first set of Preferred's dumped - we rose to 7ish then spiraled back down to 2-3range. I am very optimistic for the long term of the company. IMO we will be bought before we die and thats somewhat hopeful - I guess. I am not negative GMGC or short for that matter but I am very realistic and I hope I am completely wrong lol! Luck, Health and Prosperity Always Straight Up

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