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Technology Stocks : General Magic

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To: james a gustino who wrote (5744)4/1/1999 9:30:00 AM
From: hcirteg  Read Replies (1) of 10081
 
James-

You shlouldn't let your personal love for a stock dilute the reality. I agree that GMGC is a GREAT LONG-TERM play...but until those top line numbers show major up movment, I just can't see why "big money" would flow into the stock.

I hope I am dead wrong about the financing...but I'll bet it's pretty close to the last round. It's good for GMGC, but bad for the shareholders...SHORT TERM.

So, you can have my 100 shares right now. If I have to buy them back to from you at $5 this fall, then so be it.

For the record...check my posts...very, very long. I'm just tired of not facing the short term reality of this stock. The latest round of financing, IMHO, should have come from one of their "coveted" partners...not a venture company.

HC
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