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

To: Rangle who wrote (7834)	1/28/2000 9:26:00 AM
From: John Madarasz	Read Replies (1) \| Respond to of 10081

Latest Short info: nasdaq.com Date.....Current short interest....avg. daily vol.....days to cover Jan. 14, 2000.... 8,230,503.... 4,737,925.... 1.74 Dec. 15, 1999 9,162,329 2,335,569 3.92 Nov. 15, 1999 5,535,373 1,063,411 5.21 Oct. 15, 1999 4,711,662 546,426 8.62 Sep. 15, 1999 3,374,650 583,669 5.78 Aug. 13, 1999 3,444,728 628,556 5.48 Jul. 15, 1999 3,137,682 1,233,018 2.54 Jun. 15, 1999 2,809,813 409,522 6.86 May 14, 1999 3,784,624 1,482,001 2.55 Apr. 15, 1999 4,159,018 677,077 6.14 Mar. 15, 1999 3,699,354 844,261 4.38 Feb. 12, 1999 3,739,833 679,680 5.50 Rangle, Good to see you onboard. Best of Luck, and Best Regards, John Madarasz

To: Rangle who wrote (7834)	1/28/2000 11:02:00 AM
From: equityanalyst	Respond to of 10081

Rangle - Here's the info you wanted on GM's ownership position in GMGC. Taken from the company's SC 13D filing on 12/20/99: "Item 5. Interest in Securities of the Issuer (a) Based on information provided to General Motors by the Issuer, there were 41,924,616 shares of Common Stock of the Issuer outstanding on December 9, 1999. General Motors owns Series G Preferred convertible into 8,907,363 shares of Common Stock. In addition, the Warrant is exercisable for 500 shares of Series G Preferred, which are convertible into 2,969,121 shares of Common Stock. However, GM has agreed not to convert its Series G Preferred or exercise its Warrant in excess of 19.99% of the Issuer's outstanding shares of Common Stock without (1) obtaining the approval of the Issuer's shareholders as required by applicable rules and regulations of NASDAQ or (2) obtaining a written opinion of outside counsel to General Magic that such approval is not required, which opinion is reasonably satisfactory to General Motors. Under Rule 13d-3 under the Exchange Act, General Motors may be deemed to beneficially own the shares of Common Stock that can be acquired upon conversion of the Series G Preferred. On a fully converted basis, as of the date of this Statement, GM may be deemed to beneficially own an aggregate of 11,876,484 shares of Common Stock, which represents approximately 22.1% of the Issuer's outstanding Common Stock." ea