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Technology Stocks : General Magic

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To: james a gustino who wrote (5801)4/10/1999 5:56:00 PM
From: Rhino  Read Replies (1) of 10081
 
All:

I'm a bit surprised. Very surprised, in fact. I just ran into a good friend who has ties with GMGC. He is a very smart player in Silicon Valley, and does a lot of consulting work around the Valley. He couldn't STOP talking about GMGC (I had met two employees at a conference once, but really had never thought much about the company beyond that).

He starts talking to me about how within the year, GMGC will make announcements that will rock the Internet world.

So, I excitedly rush home to check out GMGC. What do I find? Absolute despair!

What's up with that? I see that the share price is pretty low, but from what I understand from my friend, there is every reason to believe that this company is developing something that is HUGE.

Does someone here know something that he doesn't (I doubt it, since he is very close to the company)? Or are you just tired of watching the price slide (THAT, I can understand).

School me on this one. I keep hearing about bad management (I re-read the last 20-40 posts). Is there something here that would prevent exciting technology from GMGC not fly?

Rhino
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