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Technology Stocks : General Magic
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To: Fred Gohlke who wrote (9812)10/21/2001 10:10:42 PM
From: Seconds Out   of 10081
 
I agree with you Fred...and I can read a balance sheet with one eye tied behind my back. :-)

In light of the statement that GMGC made in the last filing that they have cash to last until this January, I am struck by the fact that this last group of Preferreds accepted an 18 month payout of their $1.25 million which was weighted heavily toward the back end.

Maybe we will actually hear something at the CC on Wednesday to clear things up at least a little bit. Could be wishful thinking, I know.

Seconds Out.
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