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Technology Stocks : General Magic
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To: Ray Rueb who wrote (3530)8/24/1998 1:52:00 AM
From: up_tick  Read Replies (2) of 10081
 
Ray,

I am completely out of this now. I have a Portico account that I am sharing with a few folks in the industry -- I don't think they have a hope in hell in breaking even. The technology works OK however there are so many limitations and rough spots that need to be smoothed.

It's also very pricey.

I think the only possibility that this has for shareholders is if GMGC does one of the following:

1) Figure out how to sell the system as a server to telcos rather than a service.

2) Work to acquire customers and sell them off at valuations we are seeing at TCI, Marcus and ISPs.

I rarely make $$ predictions, but I'm predicting this will hit $1 before it hits $10.
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