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Technology Stocks : General Magic

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To: Mark Oliver who wrote (7999)2/12/2000 4:14:00 AM
From: dgurgel  Read Replies (2) of 10081
 
The hype on GM's Onstar is amazing. GM has seen their US domestic market share plummet from more than 60% to 30% over the past 40 years. This company that makes 3,500 pound hunks of steel is now expected to revolutionize the market for six-ounce cell phones?

Don't forget that many of us called our first cell phones "car phones" and that they were often fixed installations? The auto makers had their chance at the end of the 1980s to do something in the cell phone market and did nothing; the cell phones have been off the dashboard and into any pocket for quite some time now. The auto makers will have the same impact on cell phones as they have had on sound systems, very little.

New developments in cellular technology keep me changing my cell phone and my service plan annually (now Sprint dual-mode on Nokia 6185 with Portico), but I have not heard one feature of Onstar that excites me.



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