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Technology Stocks : General Magic

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To: Seconds Out who wrote (9890)1/4/2002 1:49:57 PM
From: James Strauss   of 10081
 
Good article...

I especially like this part...

""OnStar has nearly 2 million paid subscribers (GM says it expects that number to hit 4 million in two years), and GM officials recently disclosed that OnStar would turn its first profit sometime in 2003. The company has even started to license the system to Subaru, Honda, Toyota, and Audi.""

Let's see, 4 million subscribers from GM and another 4 million subscribers from the licensees... All those nickels are beginning to add up... : >

The next 4 to 8 Qtrs should show visible revenue improvements for GMGC...

Jim
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