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Technology Stocks : General Magic

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To: dgurgel who wrote (9382)3/7/2001 4:08:51 PM
From: dgurgel  Read Replies (2) of 10081
 
HC, would you mind if I revise my February 14 forecast?

--------------------------RB Post ------------------------
By: dgurgel $$$$
Reply To: None Wednesday, 14 Feb 2001 at 6:42 AM EST
Post # of 23744


20% cut in personnel after a major buildup this past summer and after recent news of features being added by Onstar with Nuance's help suggest to me that GMGC's days as an independent company may be nearly over. Too many visions, too few sales.

In the last two months we have had a warning, a downgrade, a reduction in force, a delay in Onstar, and news of Nuance and Onstar dating. Let's see if there is anything other than BS from Kathie Layton at the CC. I believe we will see $1.50 before then, and, if there is no solid info at the CC, we will see $1.00
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