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Technology Stocks : General Magic
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To: Joe Albinowski who wrote (62)9/17/1996 12:49:00 AM
From: David Freibrun   of 69
 
I have been following General Magic since there offering last year. THis is an exciting company headed by some good talented people mostly from Apple.

So far they have made no money... to me they look like a takeover target. THey have close to $100 million in cash and basically are depleting this money as they go.

THey adopted there technology for the internet just recently. So, in other words, they fumbled a little in quickly making an internet presence.

I figure they will probably be a nice takeover target in the next 6 months, if they continue to have no earnings. SO keep an eye on it. Cuz, GM's platform is definitely not vaporware, it has been in development with alliances from big companies like SOny for close to 5 years! thats a lifetime in computer years.

DAvd
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