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Technology Stocks : General Magic

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To: Sea Otter who wrote (5992)	5/2/1999 8:51:00 PM
From: Rob Anderson	Read Replies (2) of 10081

Sea Otter Hi! I believe a takeover could always happen considering the future strength of GMGC technology. Another thought that came to mind is someone taking a large position to thwart a takeover by a competitor? I.E. Qualcomm/Mot? I felt last week that this heavy buying including participation by institutional investors was validation that our company was being accepted as a very viable future investment!It seems that following the Kenya announcement activity started to accelerate. Also I posted what I felt was a legitimate possibility of a partnership with Quick Star by Amway (backing from MSFT and IBM) however confirmation is not something I have had time to find. It was my understanding that Intuit had gone live? That is what I thought was driving the rally! Now I do not believe the Intuit partnership would achieve the revenues quick enough to give the stock price this kind of strength! Intuit is real and on schedule, next consideration is Revolv and QWEST my impression is that Revolv will be offered by some of the major Telco's! If this was to occur LOOK OUT! I don't think my price target of $33.00 was that far out! But I have been wrong before! I'm long and a Portico subscriber! I probably don't fit the profile of GMGC business model subscriber, but have found the service enjoyable and beneficial! It is real and has a practical application! In any case I'm happy with the rally (who would'nt be) the stock has fallen into stronger hands and I see the price going to $10.00 with little resistance! Hell this could be a damn good momentum play! Many are watching with the right new's release could our little company be the next E-BAY? I know I usually sound optimistic and emotions are playing a big part in my decision's, I believe we are on the cutting edge of technology with regard's to Agent technology (Kenya) and someone want's a big piece now! Originally I bought in at 2.00 and have purchased all the way to $10.00. This is one puzzle I will see to it's completion! Best wish's to those who have contributed to this board over the past 2 year's I have been here! The post's have intelligent and well written! Rob

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