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

To: cdtejuan who wrote (6850)	8/10/1999 5:20:00 PM
From: Austin S.	Read Replies (1) \| Respond to of 10081

I agree with several others who have posted here that Markman has done an extremely poor job in directing, leading, and marketing the company and its product, Portico. For that matter, even the magicTalk platform has not been marketed in a way that would, truly, generate revenue. Yes, Portico works and works well. And yes, the magicTalk platform has incredible potential. But, this company will not survive on $180,000 revenues per Qtr. for another year. I picked up 7000 shares at $1 7/8 and am only looking for a buyout in the $3 to $4 range within the next year. Hoping or expecting any more than this would be unreasonable. In reality, I'll be lucky to get $3. P.S. I still subscribe to Portico but anticipate that I'll not renew when my contract comes up for renewal in 2 months. My Qualcomm phone, though not voice activated, is easy to maneaver and gives me easy access to over 100 names and numbers. I may miss the access to e-mail, but I can wait until I get back to the office or at home. And, I'll not miss any faxing since Portico's faxing capabilities are, essentially, non-existent.