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Technology Stocks : General Magic
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To: Ray Rueb who wrote (10063)9/19/2002 4:58:54 PM
From: cybermagician   of 10081
 
Funny how things go - I read in PC Magazine, mid 90s a piece by John Dvorak about this company called General Magic, a sort of Apple offshoot that had potential – agents etc. I followed it via IPO till now. (thanks John!)
I have read thousands of posts and have to admit to being a Magic junkie.
In the early days I was evangelical and one guy I turned on to it put in an order for $100.000 and through confusion got 100,000 shares = $1m+. I being bullish suggested he held on. That was embarrassing.
I have lost many hundreds of thousands from my addiction. Even averaged down and threw another few more tens of thousands at it some months ago at 0.40!
There should have been a GMGC Anonymous!
I felt like a loyal part of a team and did not want to let them down by quitting. I know you pros will say how stupid but the tech bull hooked my greed and naivety – though it has been instructive, absorbing and fun.
Computers were to transform so much – I have ‘wasted’ so much time and money through using them !!
Any way SI and RB boards have seemed like a ‘family’ over the years and thanks to all who have participated.
Can we not breathe a sigh of relief that GMGC has been put out of its misery?
May I suggest a pause and a notice of one’s own breathing – this is the real wealth after all - now
To be in the world but free of it.

Over and out
cybermagician

PS RIP GMGC
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