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


To: JC who wrote (7009)9/30/1999 7:36:00 PM
From: jm  Respond to of 10081
 
yes it would be nice but what you have now is a close below 2 and 1 is not far off-ain't that nice and quarter 3 results may send it below 1-and they have laid off staff but don't worry the reorganization and new focus has been implemented.Note they did not mention financial results or performance just reorganize-nothing positive that appears to be working here-good luck but this thing looks dim.



To: JC who wrote (7009)10/1/1999 11:35:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 10081
 
Fat lot of good a board of directors will do if you look at the performance of General Magic. They installed an all star team this last year and some how these guru's weren't able to forsee that their companies, and their competitors, would not buy into the Portico story.

Yes, we had lot's of trials and in the end we have no revenues or subscribers to show for it. Seems like it should have been very clear to the board long ago.

So, if you look at some guy from AOL joining Webly, don't conclude it means Webly now has an AOL contract.

Regards,

Mark