SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : General Magic
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ronald C. Vinyard who wrote (5787)4/8/1999 2:24:00 AM
From: Sea Otter  Read Replies (1) of 10081
 
Count me in on the dark side.

- The financing deal. Ok, I studied it. I hate it.
I don't care that it has improved provisions relative to the previous
series. I care that it came from private no-name investors
instead of from a corporate partner. That seems completely
wrong at this stage and is most worrisome.

- Telco deals. I now don't believe they'll happen
anytime soon. I base this conclusion
on the fact that telcos are dinosaurs but not fossils.
If they were going to jump on Portico they would have by
now. I think they're biding their time watching and
waiting, or perhaps developing internal services.
So, imho, GMGC is putting all its efforts into the
"internet" plays (WK, Intuit and that ilk - we don't get
"500k subs" from Bell Atlantic in six months).

I have no idea what the revenue picture is for these deals.
We can only hope it is compelling. Talk about being in the dark.

- Some slight good news. We are getting PR at
least. For example Time magazines digital mini-mag
for April (I found it on an Alaska Airline flight) has an
article about Virtual Assistants. Portico figured
prominently, judged better than competitors etc. Bad news:
they also hammered on Portico's expense and problem areas
and questioned the market need.

- I am massively tired of this complete lack of news from
GMGC. Maybe they'll tell us who got promoted this week?
Announce another convertible?

- And I'm tired of watching GMGC be the dog of my portfolio.
Today's action was even more disconcerting since there wasn't
an obvious reason for it.

Perhaps all this negative energy means we're ready to leap
on wonderful news. Perhaps.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News