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Technology Stocks : General Magic

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To: dgurgel who wrote (9921)1/31/2002 7:02:58 PM
From: Seconds Out  Read Replies (1) of 10081
 
Nice timing this afternoon, Dave. You did what you said you would do. I still think you should back off a bit with the full court press, though.

I thought the call went quite well, but a 40% run up this week in anticipation of the call went a bit too far too fast. Lets see how it bounces.

Hopefully, GMGC can make good on its anticipated three new customers this quarter, and total of four to five by mid-year. Also, the revenue projections are welcomed. And OnStar VA is still a wildcard for an upside surprise. Nice to see Weather.com joining as a content provider.

The big hurdle is the fundiing needed to get to the re-iterated Q4 cash breakeven. What a toll it has exacted on the stock. If GMGC had gone public with this management team and this game plan a few years ago, investors would be able to look ahead without being scared of the dark. And it would have real money in the bank. So many sins of the past, yet if you look at the current plan, it can work. They just need the money to get there, imho.

Seconds Out.
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