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Technology Stocks : General Magic

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To: Rangle who wrote (9515)	5/2/2001 10:41:56 PM
From: Seconds Out	Read Replies (1) of 10081

When you listen to the call, it sounds like everything is coming together. Hopefully it is this time. Layton sounds like a far better CEO than SM. They have a game plan that makes sense. And, they are confident in more deals coming. I believe them when they say they are turning this company around. They also have a poor cash position, a terrible track record for coming through on their expectations of future deals, and a key customer in GM who keeps pushing things back. Also a set of "stake holders" who are extremely wary (and weary). GMGC's potential, and I think it is well founded, will be discounted heavily until more real information comes out to support the statements made at the CC. And Dain will again lower its numbers on GMGC after this call, imho. I look forward to the time when the company can prove it is making the right moves. And, I am interested in seeing the PR's that, according to the call, should be coming out over the next few weeks. Seconds Out.

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