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Technology Stocks : General Magic

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To: Subu Darbha who wrote (2617)	7/5/1998 11:09:00 AM
From: Sea Otter	Read Replies (1) of 10081

Subu, My guess is we won't get a true carrier announcement at launch. Instead, perhaps we'll get a smaller bone, like a strong statement of carrier trial success and intent. I believe the party line: trials are going well but it takes time for the carrier brontosaurus' to waddle forward. Therefore they'll mask their intent until they're ready. Must be careful - there are T-Rexes out there! (Sorry, I'm reading my niece's dinosaur book this morning). Don't know what this means for the stock over the next three months. I could concoct a case either way. Wouldn't be surprised if we soared, wouldn't be surprised if we hit $8 ... how's that for clarity? In fact, we may do both. I suspect it will be a trader's paradise. Upside wildcard is anything from microsoft regarding the agent work. And there could be other surprises in the works. Personally, I lightened my position. This wasn't motivated by doubts, it was motivated by the fact that gmgc had grown to represent too much of my net worth and the price/volume hit a pre-established trigger point. Should we get back to single-digits, barring any negative news, I will certainly add again. Good luck to us all. Sea Otter

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