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


To: Mark Oliver who wrote (7984)2/10/2000 5:27:00 PM
From: hcirteg  Respond to of 10081
 
Hi Mark-

Just saw two trades go through on the island at 10 1/2....

Confirmation the MM's shook out the weak hands today.

FYI-

HC



To: Mark Oliver who wrote (7984)2/10/2000 5:37:00 PM
From: John Madarasz  Respond to of 10081
 
Kind of interesting historical perspective none-the-less...

Mark, when Challo first posted that info I practically backflipped then fired off a quick message... only to re-read, notice the date, and quickly edit my my message a few minutes later effectively removing egg from face<ggg>...LOL

Wireless Knowledge has been slow out of the blocks... just like everything else...until now

This price appreciation of late reflects the Onstar deal most certainly, and the great potential, but I think you couldn't be more wrong when you say ...it's a new product going into a totally untested environment.

It's not a new product, it's a new bundling and branding of
tested and proven products, those being GPS, VUI and virtual assistants, and wireless communications. All these things have been tested and proven, and now they are available in a standardized option package that is rapidly gaining market acceptance. Anecdotal evidence also points towards products like these becoming safety requirements in all automobiles in the future.

The market will be the ultimate judge though, and your skepticism is most assuredly a healthy response to past disappointments... but I believe General Motors has too much invested in this to end up with egg on their face.

The only thing that has changed here is the date.

Best Regards,

John