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

To: dwight martin who wrote (6783)	7/29/1999 10:28:00 AM
From: ALTERN8	Read Replies (1) \| Respond to of 10081

I picked some GMGC up today on the weakness at 3. Just speculating!

To: dwight martin who wrote (6783)	7/29/1999 5:53:00 PM
From: Seconds Out	Respond to of 10081

You are right, Dwight. He really wasn't very enthusiastic. I am sure they are as disappointed as anyone by the Carriers. GMGC needs to associate with a big gun in some way to get their technology into the public consciousness. Meanwhile, they seem to be morphing into a new type of internet related company. Things are obviously heating up between AOL,ATHM, and the likes based on AOL's decision to close its e-mail to outsiders. ATHM is a great company to latch onto, imho. They are making some very interesting moves regarding cable modems and starting to step on AOL's toes. I like seeing that. I also liked ATHM's comment about magicTalk and its potential expansion by ATHM, assuming it wasn't just lip service. I notice that they have a calendar/address book program as do many internet sites these days. Maybe GMGC will end up blending Portico into these types of sites since the Carriers are so busy pursuing bigger deals. While the 250,000 subscriber description may be a misnomer, I was certainly caught off guard by the level of interest. Hopefully ATHM was as well. Well, here's hoping for an Intuit deal and maybe an EBAY in the near future to more deeply establish GMGC and magicTalk as an internet play on the cutting edge of a new paradigm...accessing the internet over any phone any where. Though I am disappointed, I am also a bit surprised that we didn't see more damage today. After the first hour it was a pretty orderly day in a tight range with fairly normal volume. I guess expectations were low and a lot of the fat had been taken out over the last week or so. Let's hope that we have bottomed out and that the Intuit deal happens shortly as stated at the annual meeting. Seconds Out.