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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: cdtejuan who wrote (6720)7/14/1999 11:08:00 PM
From: scott bieda  Read Replies (1) | Respond to of 10081
 
wheres intuit, qwest, wireless knowledge ,
no deals no revinue!!



To: cdtejuan who wrote (6720)7/15/1999 9:23:00 AM
From: John Madarasz  Respond to of 10081
 
Thanks Juan,

Really I have no intentions of investing in fonx; The mention was more just a comparison that VUI seems to be gaining some attention in the marketplace. When GMGC will garner some much warranted attention is anybody's guess at this stage.

GMGC is proving to be an enigma in this market...definately a "show me " stock at this point, as everyone seems to be wise to the price action, and is waiting for some real revenue streams before really committing to the company and stock.

I really can't believe at this point that market professionals aren't loaded to the gills with shares of GMGC, just waiting to distribute/dump them out to all takers. The last time this happened was 4/27-5/5 of this year when some 22 milion shares were traded/distributed. My guess is that MM's are collecting those shares back for an apx. 50- 75% gain at this point.

When will it end...Who knows? For someone who believes in the company, selling into the next rally could be a gamble. It is conceivable that at any time this company could come out with a development in their business plan that will finally and unequivocally establish it's place in it's genre...and the market.

Best Regards,

John Madarasz