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Technology Stocks : General Magic
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To: Iraklis who wrote (2698)7/8/1998 10:27:00 AM
From: JC  Read Replies (1) of 10081
 
I think GMGC will break out after its release, as high as 20 if it can keep conservative on it's signup of users and not outpace its infrastructure and planning. Just looked up PTEK, also a provider of universal messaging. They fell into the trap of outpacing themselves and now are involved in 4(?) class action suits for screwing shareholders while the execs bailed out at the top. Stock dropped from 32.13 to now 7.5. With PTEK out of the picture I think GMGC has better prospects, but it provides a great warning about overgrowing oneself!
On another note.. I read through most of the posts on here.. (ok.. only about 1000) and still don't know for sure about the GMGC/Wildfire patent talks/suit? any info out there? Thanks for the help! And soon I'll even lose the (trail member)!!
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