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


To: Alex Glavinos who wrote (7646)1/10/2000 4:19:00 PM
From: Straight Up  Read Replies (1) | Respond to of 10081
 
Hi Alex

Nice find. Finally, we see some numbers - "The scope far exceeds GM's current OnStar communications and satellite-based navigation system, whose subscriber base is projected to rise to 3 million in a few years from 100,000 now."

Straight Up



To: Alex Glavinos who wrote (7646)1/10/2000 4:21:00 PM
From: dgurgel  Read Replies (1) | Respond to of 10081
 
Great article! GM-cellular connection would be great.

I am persisting in my prediction of a buyout at $7 - $10 (ok,perhaps $12) since that is the only outcome that I find compatible with GMGC's recent behavior on staffing and corporate image as shown on their website.

I sold out on Friday at the close; but, impressed by the hype (some solid information too) bought on the pre-market today and then sold out just before noon when it looked like a bit of pumping was going on.

I think GMGC can't do any worse than $7 - $8, so today's disappointing close should be made up in a few days.