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Technology Stocks : General Magic

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To: MattB who wrote (9982)6/6/2002 10:44:59 AM
From: John Madarasz  Read Replies (1) of 10081
 
My brother thinks GMGC should give me a tee shirt that says "I own 10,000 shares of gmgc and all I got was this lousy tee shirt".

maybe they could do another convertible, or a private placement, to raise the cash for the tee's<g> a secondary wave of tee's will have to reflect the reverse split though...that may mean continued dilution as additional shares are issued to raise the necessary capital

i think there's a couple more letters left in the alphabet they haven't used for conversions... series z shares maybe??? not sure though since I haven't checked the filings recently<g>

o tempus! o cives!<gg>

Best of Luck,

jm
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