Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Seconds Out who wrote (6699)	7/12/1999 12:50:00 AM
From: Iraklis	Respond to of 10081

Seconds Out: "Additonally, don't forget that the mere activity of them selling will create negative pressure on the stock price as it provides abundant supply of stock to meet whatever demand is occuring" Another possibility (more optimistic) is that the Converts just close out their (assumed) short position - causing no impact on supply. However - I prefer the more optimistic possibility that the Converts switch camps and go long using all their resources to drive the price up that we've assumed they used to drive the price down. As you mentioned - it would surely be in their best interest. In any event - the next couple of weeks are going to be interesting. Iraklis

To: Seconds Out who wrote (6699)	7/12/1999 11:49:00 AM
From: Mark Oliver	Read Replies (2) \| Respond to of 10081

Here's some interesting but useless information. General Magic was working on a project back in 94 for Intuit. I noticed that for the PDA market you came out with a different product called Pocket Quicken. Why did you feel the need to do that? PDAs aren't going to be a mass-market success this year or even next year. But ultimately they will be. And when they are, they'll be used for things that desktop machines aren't very good at. One is tracking financial matters when you are away from your desktop. PDAs allow us to capture that spending at the point of purchase in a way that you just can't with a desktop computer. Doesn't Pocket Quicken use a different metaphor--the credit card? Yes, although it depends on the particular platform we're working on. We've done custom builds for each PDA. [For General Magic], it's a wallet. And it's the first attempt to do an electronic wallet or what we call an intelligent wallet. upside.com