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Technology Stocks : General Magic

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To: Boplicity who wrote (7884)2/2/2000 10:55:00 PM
From: John Madarasz  Read Replies (2) of 10081
 
Greg...what's to be scared of?

The fact that GMGC has released executives from the upper echelons of management?

I know Dave has pointed out this fact many times before, and has mentioned that it shows a sign of weakness in the company; at this stage I would have to disagree.

The Onstar alliance is already developing into the current focal point in this business model, and I would have to believe that General Motors has a huge pool of high end management personnel in the Onstar division, and at GMH, to draw from should they be needed to drive growth, and R&D moving forward.

Anecdotal evidence supports the fact that two of the executives left to pursue careers in unrelated fields, while another still serves as a part time consultant.

Furthermore, with the new revisions to the GMGC employee stock option plan, and the recent chair and affiliations with the ASA/MA Joint Symposiums, General Magic remains one of the premier companies in regards to their ability to attract leading researchers when they consider career moves, and top shelf management to implement that research.

Theres still a long way to go, both with the company and the business model, but at this point a strong argument could be made that the company has never been better positioned than they are now, in regards to both partnerships and market readiness.

Time will tell... scary post?... I'm not so sure, at least not for me anyway. Courage is resistance to fear, mastery of fear, not absence of fear. Better to be informed I think...

Best Regards,

John Madarasz
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