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

To: biffpincus who wrote (6802)	7/31/1999 6:13:00 AM
From: Iraklis	Respond to of 10081

The 20 Million dollar Man's name can only help GMGC. I don't see how his/her name could hurt GMGC. If the name turns out to be Allen or, say Mahone (sp ?) - we'll probably get a rise in stock price. If the name turns out to be Joe Blow - nobody will care. Thus - we're in a potential "win" situation with (hopefully) no negative consequences if we don't catch a big fish. Just for random speculation - I'm guessing somebody connected with SUNW or Oracle. Still long, strong, and desperately waiting to get my money back. Iraklis

To: biffpincus who wrote (6802)	7/31/1999 6:34:00 AM
From: jm	Read Replies (1) \| Respond to of 10081

This type of song has been sung many times to small investors: 1.Privileged to hear the cc but not allowed to ask questions-how noble and forthright thought shareholders owned the company.Soon there will be no conference calls. 2.Expected revenues is a worthless non binding statement that is totally worthless and similar to the awareness of dilution of shareholders equity.I am sure they expect revenues every quarter now and well into the future and if it doesn't happen they will continue to expect. 3.How can they be adding thousands of subscribers and generating no revenue?Are they also losing thousands a month? 4.Pro-active mode is just hype-excite is aggressive which means gmgc isn't and that statement doesn't help the gmgc shareholders one iota.Pusuing internet deals now because you screwed up with the telephone companies-but yes they move slow. Bottom line is that these answers are typical bs statements of a company headed for deep trouble and unless aggressive action is taken by this management it will not go anywhere but further south.Appears you have a technology that is not selling and a ineffective management blowing smoke-good luck but this game has been played before on small investors and watch out if you are delisted.you need a miracle now as the possibility of 1 or less for this stock exists.Promising technology with bad management equals loss every time.By the way these pr types are trained to give answers like that-truth usually follows later.Not knowing the current microsoft relationship and not revealing details of private investor is not full disclosure to stockholders and indicates possible problems and I wonder where is the magic as this dog can't hunt.