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Technology Stocks : General Magic

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To: John Madarasz who wrote (9872)12/18/2001 11:01:26 AM
From: James Strauss  Read Replies (1) of 10081
 
If all this action is so bullish here, how come insiders are doing nothing?...

John:

I think we began to see some insider interest when members of the new GMGC management bought initial purchases...

Former GMGC management has disappointed in the past... Many investors and institutions are in a show me mode...

The new contract with PNM exposes GMGC's voice products to 1.3 million people... Perhaps 10 or 20 of those people are decision makers in companies that will like what they hear when they access MagicTalk Enterprise Platform and MagicTalk Voice Gateway when calling PNM...
biz.yahoo.com

The shipment of MagicTalk to a fortune 10 company is a very positive sign of things to come...
biz.yahoo.com

The continuing and growing relationship with IBM is encouraging...
biz.yahoo.com

I think GMGC will get through this show me mode phase and get many new investors in the months to come as it becomes obvious that they are filling a big need in voice communications...

I continue to use this show me period to get a leg up on those who will be buying in at higher prices after revenue and earnings surprise news releases tell the general public what many of us here already know...

Jim
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