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Technology Stocks : General Magic

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To: Chris Parrinello who wrote (3294)8/4/1998 5:46:00 PM
From: Kurthend  Read Replies (1) of 10081
 
Chris,

Below is an article found while scanning the Yahoo thread. A couple of items I thought were interesting. One was that if MOT is in fact a competitor, then GMGC has about a year head start on MOT since trials are not to begin until later this years. The second thing I found interesting is the amount of revenue that will allegedly be produced in the upcoming years. $3.5 billion in five years. Unfortunately, I don't know how much of that revenue would affect GMGC or how much GMGC would benefit from this technology. Anybody have any ideas or thoughts about this (who are in the industry).

Also, look at the last paragraph >>>>>The Schaumburg, Illinois-based technology and
telecommunications giant recently announced plans to acquire
Starfish Software, a developer of software for wireless devices,
which the company said underscores its commitment to this
market.>>>> Any thoughts or knowledge about Schaumburg?

Also, look at message number 38212 (GarrettN67 - Re: Microsoft Start and Major Teleco's Aug 4 1998, 2:37PM EDT, PorticoSubscriber, the number keeps on changing so look for the 2:37 post) on the GMGC Yahoo board. It is a great rumor, but unfortunately it is only a rumor. SO PLEASE TAKE THIS ONLY AS AN UNSUBSTANTIATED RUMOR AND DONT BUY BECAUSE OF THIS.

Anyway, here is the site.

Kurt (the other one)

PS The three resellers in Atlanta have indicated to me that there is a lot of interest in Portico. Unfortunately no numbers were given to me.

news.com

Motorola dials in voice activation
By Reuters
Special to CNET NEWS.COM
August 4, 1998, 8:10 a.m. PT

CHICAGO--Motorola formed a new business unit called the
Internet and Connectivity Services Division (ICSD), focused on
developing and providing integrated mobile communication and
information services.

The first product offering, to undergo trials later this year in the
Chicago area, is a speech-enabled service code-named
Myosphere. The product will allow a cell phone user, for
example, to dial one number into a cell phone and then call or
page someone or receive information through voice activation, a
spokesman said.

"Through ICSD, we are
developing a services platform
that will help simplify
individuals' lifestyles and
increase their personal
productivity while solving their
complex communication
needs," said Maria Martinez,
general manager for the
division.

Revenues from the group are expected to be in the "hundreds of
millions of dollars" in the next five years, said May Pao, director
of business management.

Carriers for the service have not been announced. The carriers
will offer the Myosphere service to their subscribers directly.

The U.S. market for speech-enabled mobile services will be $3.4
billion by 2003, according to reports.

Motorola said since its inception in the 1960s, speech-enabled
technology has made significant strides, from initial voice
recognition applications using limited vocabularies to the new
quick-dialing features.

"As improvements in software algorithms and microprocessors
continue to pave the way for faster and more accurate speech
enabled applications, Motorola will continue to optimize this
technology for use in the wireless and wireline communications
environment," the company said.

The Schaumburg, Illinois-based technology and
telecommunications giant recently announced plans to acquire
Starfish Software, a developer of software for wireless devices,
which the company said underscores its commitment to this
market.
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