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


To: John Madarasz who wrote (7535)12/30/1999 6:29:00 AM
From: dgurgel  Read Replies (1) | Respond to of 10081
 
John,

"Great news?" If the only good news is that GMGC's expensive ad agency has made the S&P 500, we are chasing rainbows. GMGC had one of the big name investment banks as the lead on the IPO too, and its early backers were Fortune 100 caliber.

Yesterday's roller coaster was the fourth wild ride since November and looks like a classic pump and dump.

Meanwhile on the GMGC website the calendar of trade show events shows four events, all of which have been over for not less than six weeks. The employment listings are as of November 11.

GMGC is shabby and unshaven at present. The only thing that I see that does not fit the down-and-out scenario is the fact that GMGC is traveling about in a Cadillac.

Hope I am wrong.