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Technology Stocks : General Magic

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To: dgurgel who wrote (9545)5/9/2001 1:05:33 PM
From: James Strauss  Read Replies (3) of 10081
 
You said, "The market is saying that it is comfortable with this mgmt team."

Where did you hear that?


I was referring to the stock market...
bigcharts.com

Note that GMGC has been trading above the 13 day Moving Average consistently since late April... The indicators such as MACD and Momentum are positive with Williams %R rising...

Microsoft has proved that you can take a company without the best technology to the top with the right marketing... If they sent PHD's into the field they would not be the powerhouse they are today... Bill Gates is a college dropout... But, he knows how to promote a product... VHS won the marketing battle over BETA even though Beta was a superior product... I'm glad that General Magic is beginning to emphasize the marketing of their products rather than the intellectual wonderment of them... Business is about ringing the cash register often... This new team looks like they will at least try to do what a business is supposed to do; sell their products...

Jim
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