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Technology Stocks : General Magic

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To: John Madarasz who wrote (9531)5/4/2001 10:40:35 AM
From: Thotdoc   of 10081
 
See RB 26860

Great article on what companies are doing with speech, and about where we fit in.

The article provides a picture of where we can go in the future. It is also the clearest indictment of Markham's non existant vision that I've ever seen.

We were all correct in buying this stock. It was a great pick.

The company let us down.

I'm angry about that, but there is no place to go with that anger.

All we can hope now is that the executives are competetive people with a drive to win based on what they can do, not based on their belief that the best engineering will win.

As an aside. My business is Organizational development. Engeneers running companies is a running joke. Real engineers do not RUN companies, they respond to the enviornment with idealistic constructions.

All successful engineering companies are run by entrepreneurs who made it through engineering school.

These guys are creative and about as different from the typical engineer as you will find.

We bet on a typical engineer who loaded up the board with engineers or people who came from companies based on engineers.

The new exec staff are not engineers. We have a future. I'm holding tight and looking beyond the next few months.

Best

G
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