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Technology Stocks : General Magic
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To: Frank Wechsler who wrote (2567)6/30/1998 4:48:00 PM
From: JJMURTS  Read Replies (1) of 10081
 
i was there at the meeting also , i was the one that asked about jfax . i got a very positive feal out of the meeting . the demo was very good . after the meeting i asked mr markman why there is only going to 1-877 numbers for each account . he said this is the way it it set up at the moment , i asked if you could just get a regurlar phone number he said not at the minute . but something that was intresting was about jfax he said that they already have local numbers in about 50 citys and they could in effect forward your call to cal , he also said this is probly how the big telcos will use the system .insteed of you ringing cal from say white plains you would just ring a phone number in your local area and the telco company would forward it on their system .
also asked about auto's he said there system can be installed into the
computer systems in the cars and this is a something they are looking into.i belive they are way ahead of what they are saying way ahead .
it was just somethings he said that he was trying not to say .
if you get my drift.

also he said expect an press release before july 30th
it will have all the resellers names and phone numbers .
and price structures.
he said that the resellers should not be quoting prices yet even though they are because they haven't made them known yet.

the last 20 minutes of trading 350,000 shares traded
lots of big blocks 50' 20' 30'
it will intresting tomorrow

hope this helps
john murtagh.
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