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Technology Stocks : General Magic
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To: Seconds Out who wrote (6154)5/12/1999 8:39:00 PM
From: Straight Up  Read Replies (2) of 10081
 
Hi Seconds

Thanks for the summary. Here are a few more points.

- May completion of 500,000 user NOC. - Boy, this came faster than I expected. I can only wonder why????? Someone must want it.

- Markman started his talk with Bell South and Kenya. He did not do that last quarter. I believe these are very significant milestones for GMGC.

Now, I need help here. When Markman spoke about Kenya he said that they tested it with an auction house. As he described the procedure and process of Kenya I thought he mentioned EBAY as the test auction sight. I am going to go back and listen again but I do believe this was a slip on his part. Can anyone else confirm???

- Again, there was uncountable mentions of "significant revenues" 2nd half of the year. Both Markman and McCormick sounded very confident, more so I thought then last quarter.

- Markman said he was "very bullish on GMGC internet model". He also said that the "internet model + Kenya = large number of internet users. Hmmmm, this was the first time I heard the term "internet model". I wonder what they are gearing up for? Last quarter, all Markman spoke of was that "accessing web content" was to come first. Now all of a sudden GMGC has an "internet model"

- Markman also mentioned that the "significant revenues" would come from "on-going efforts with partners...launch on internet"

- INTU/Quicken on schedule for mid year

- MSFT is registered to sell shares but "has given absolutely NO indication that it will" McCormick stated with a snicker.

Straight Up
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