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Technology Stocks : General Magic

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To: hcirteg who wrote (6214)	5/23/1999 8:40:00 PM
From: Kurthend	Read Replies (1) of 10081

hcirteg, Reference your statement >>I have been thinking long and hard about the claims of our CEO that we will "be profitable" by years end. That's a ballsy statement coming from a comapny that has generated barely a 1/4 million dollars in revenue form their flagship product...in 6 months of service.>>> I took thought that statement on the yearly CC was very bold. They did retract that statement this last qtrly CC. I think that business is not going as quickly as they had originally planned. IMO, this is due to all the acquisitions and rush to consolidate the telecommunications, internet, wireless business, etc. Take care, Kurt

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