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Technology Stocks : General Magic

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To: Sea Otter who wrote (5474)3/9/1999 7:42:00 PM
From: james a gustino  Read Replies (1) of 10081
 
thanks, otter, for taking the time to crunch the numbers on the wags.

i didn't contribute a wag, but remain confident that we will substantially surpass the $500,000.00 benchmark.

this is all great fun, but the number i really care about will be the Q4 '99 number. (this interim stuff is interesting, but not terribly revealing vis-a-vis gmgc's long term prospects.)

i am a long term investor. i am in for 2 to 5 years, perhaps longer. i happily accept the opportunity to accumulate at these bargain basement prices -- so shorts, please keep up the obnoxious fearmongering..... (only kidding)

since i don't care for my profits to be taxed at levels above the applicable long term capital gains rate, i am content to wait this drama out.

markman -- the deliberately and consistently UNDERstated ceo -- has advised us that when the time is ripe, the announcements "will FLOW..." he didn't say MAY flow, he said WILL flow. right now, the gmgc partners are handcuffing our company from sharing any real news. this will change, but only when our partners are prepared to hit the market and authorize the release of the news. a likely scenario (imho) is the simultaneous rollout by multiple telcos of their version of the portico/magictalk service, combined with the promised news cascade. when this occurs, the stock will rocket. it may happen in a matter of days, weeks or months -- but, it WILL happen. markman has essentially promised this by virtue of the above quote.

think about it, friends.............

i've got my cache of gmgc stock, and i'm bunkered down for the duration...... as long as it takes.
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