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

To: Seconds Out who wrote (6789)	7/29/1999 10:58:00 PM
From: biffpincus	Read Replies (1) \| Respond to of 10081

<<or until an equity investment occurs with a partner who can get the technology to market more quickly, it will be hard to break out. >> I would like to hear some more thoughts on the $20,000,000.00 equity investment from a solitary investor. That is a pretty impressive chunk of change and could represent the interest of "a partner who can get the technology to market more quickly". That announcement was the only positive on a rather depressing conference call (only 2 questions!?!). Does anyone have a better understanding of this deal than I do? Mr. Markman suggested that the investment would allow the investor to be able to "put" buy the common on the open market. I can't imagine he was referring to shorting the stock. Any clarification out there? Biff