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Technology Stocks : General Magic

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To: up_tick who wrote (3112)	8/1/1998 6:21:00 PM
From: Kurt Goebel	Read Replies (2) of 10081

Up_tick, You say "First you get the hype?". They are not hyping anymore than any other company that is doing business for a profit and perhaps less than many. Strange to fault them for this. They have been careful to not speculate much. Sure they want their work and product to look and sound good. Wouldn't a shareholder want this? I think you are confusing things here. They have been announcing their progress to generate interest for Portico with carrier, resellers and potential partners. Why does a company have a marketing department? You are labeling marketing as hype, that is a fairly cynical take. You also say, "but when you look at the business case in detail, you find a lot of risk". Service is big business. Many service idustries are among the most successful businesses on the earth, e.g, phone, internet service providers, outsourcing, financial services. What General Magic is doing is a bit of each of these. There is big money in integrating these sevices for business users. General Magic is guided by Markman's and the rest of his management team's experience in telecom and product development and by the strong experience of the board at running successful and similar service businesses.

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