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Technology Stocks : General Magic
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To: Mark Oliver who wrote (5587)3/14/1999 2:38:00 AM
From: Sea Otter  Read Replies (3) of 10081
 

It seems to me that the private placement with a friendly
firm is the only credible path. Market isn't friendly,
convertibles are death, the product isn't exactly
a revenue oil-gusher, and they don't want to sell the firm.
So by process of elimination we are left with door #2.

Perhaps this is already a done deal, which explains
the confident attitude in the cc.

Sea Otter
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