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Technology Stocks : General Magic

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To: dgurgel who wrote (8941)8/15/2000 7:37:01 PM
From: John Madarasz  Read Replies (1) of 10081
 
Dave... interesting release.

I was particularly intrigued by the first sentence...

"SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 15, 2000--General Magic, Inc. (Nasdaq: GMGC - news), a leading voice application service provider, today announced it has completed an agreement with IBM contemplating the integration of General Magic's open standards VoiceXML-based magicTalk(TM) platform with IBM DirectTalk and IBM WebSphere Voice Server.

Contemplating? What's that all about?

It sounds to me like GMGC is using IBM products here to enhance their server/delivery capabilities. I still think GMGC is the sleeper play, slowly building a service that no-one will be able to touch because of all the best components they have compiled from all the other systems.

We shall see.

Thanks for the stuff from the 10-Q, I was just reading alot of that stuff before you posted it.

Good Trading
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