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Technology Stocks : General Magic
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To: hoffy who wrote (3095)7/31/1998 5:33:00 PM
From: Frank Wechsler  Read Replies (1) of 10081
 
<"GMGC showed no revenues to speak of"> Duh... Wow, obviously you did really wonderful due diligence.

Of course, they had no revenues to speak of. That's why the stock bottom out at about 1 1/4 last year.

I do believe that some people who fled bought the stock for all the wrong reasons (like expecting a Mister Softy buyout) However, Portico is a great product and there was no reason for the earnings report to have caused this drop. But we're all impressed with your DD.
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