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Technology Stocks : General Magic

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To: Carbo who started this subject8/16/2000 10:12:37 AM
From: Thotdoc   of 10081
 
We are paying for Markyboy's past sins this AM.

There is no reason for the stock to do anything but fly. Except the preferreds need to make maximum money on their conversions.

When will these chickens stop coming home to roost?

Still, what a story. Married to 2 of the most powerful corporations on earth, and they need us to be successful in their plans.

I used to manage rock groups in the late '60's. I learned that no matter how good you were, until someone else thought that they could make money off of you, you would go no where.

IBM and GM believe that they can make money off of us.

IMHO the "contemplating" means just that. The press releases aer broken down into concrete deeds and things that are being considered, in beta, contemplated. IBM has agreed to let us use their Via Voice and will be involved in sales with us, which is good for us. Other ways of being partners are still being contemplated.

Finally, the stock price is only the price of the stock. Potential customers don't care what the stock costs, they care if we can help them live their dream and make money.

We will be undervalued until the preferreds (somebody help me spell this word--getting a PHD is no guarantee that you can spell) are gone. Then, if execution is good, revenues will come in and the price of the stock will go up radically. The situation with the preferred is well known on the street. They will come in when there is a chance for them to make money.

They are also waiting. Everyone knows that with execution the stock will find its fair value.

Best regards to all longs. I will be contemplating today.
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