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

To: hcirteg who wrote (7471)	12/14/1999 4:26:00 PM
From: Joseph H. Leiti	Respond to of 10081

Looked like some pretty good strength into the close at 3 7/8, but I just don't like the daily chart. Had a ton of buys at 3 7/8 (even a couple decent blocks, one of 30k,) but it really didn't feel right, like sell on the bounce. I've certainly been wrong before but ... Doing a little bottom fishing in the mean time - DG and OWC

To: hcirteg who wrote (7471)	12/15/1999 8:57:00 AM
From: Straight Up	Read Replies (1) \| Respond to of 10081

Hi HC Any thoughts on this? - Start-up Tellme grabs $47 million in financing By Paul Festa Staff Writer, CNET News.com December 14, 1999, 9:00 p.m. PT update A Silicon Valley start-up working to make the Web accessible by phone has collected a small fortune in second-round financing. Tellme Networks has secured $47 million from venture capital heavyweight Kleiner Perkins Caufield & Byers, along with another major venture capital firm, the company said today. Quote Snapshot Tellme's first round of funding brought in an undisclosed sum from the Barksdale Group, headed by former Netscape Communications chief executive Jim Barksdale, as well as from former Microsoft executive Brad Silverberg. Tellme is building an interactive media service that it says will combine the power of the Web and the convenience of the telephone. The service will allow consumers to speak simple voice commands into telephones to receive access to a broad range of media, commerce and communications services. The company said it expects to begin rolling out its initial service offerings in the first half of 2000. Tellme isn't without competition in the market for voice-activated Internet access. A potential rival is General Magic, whose MyTalk service lets users access email by phone. General Magic too plans to allow users to access the Web by phone. Others with interests in this area include Microsoft, Lucent, AT&T and America Online. In addition to investments by Microsoft and Netscape veterans, Tellme has tech talent from the two firms as well. Tellme was founded this year by Hadi Partovi, who oversaw much of the development of Microsoft's Internet Explorer browser, and Mike McCue, who was vice president of technology for Netscape.