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

To: Mark Oliver who wrote (7999)	2/11/2000 4:36:00 PM
From: John Madarasz	Respond to of 10081

Mark... A couple points here... in answer to your question re: The Nuance IPO, the IPO is scheduled for the week of 4/3/00, and unless the price goes to the moon, I will indeed be purchasing shares. I also have a small position in Registry Magic, RMAG, and if they get killed on the earnings announcement scheduled for next Monday, I'll probably get more. My only regret was not getting a boatload of LHSP when I had the chance, but there are plenty of other opportunities... like ALMI for instance after earnings in early March. To ignore this sector is pretty crazy and to not be diversified is probably just as foolish... I can't blame you for being skeptical about ONSTAR... but the deal was only closed on Dec.9th, two months ago. You are asking questions that probably only the board of directors could answer with any kind of realistic projections, no one here could even begin to offer any answers about revenue at this stage. The portico trials were exactly that, trials. I'm sure alot was learned and alot of changes and adaptations were made too. I think the chances of the initial product rolling out and being a huge success were probably pretty slim to begin with. Personally I wasn't that impressed with the service as an investor, but the fact that the company had the leading technology in the field (and still does) did impress me and is the reason why I continued to hold, and build my position, through the worst of times. You know as well as I do that wireless handsets and technology, as well as the market place and sector, are only now getting up to speed in regards to being able to incorporate VUI and virtual assistants in a wide spread type application. Markman himself said flat out that he made a mistake putting out revenue projections and talking about deals like Intuit before they were finalized and implimented at the last conference call, and that he wasn't going to do that any more. As a shareholder that leaves you and me with two choices... sell or hold. I'm going to hold. Best Regards, John

To: Mark Oliver who wrote (7999)	2/11/2000 5:30:00 PM
From: Alex Glavinos	Read Replies (1) \| Respond to of 10081

Mark & John, Your posts are thought provoking and reminiscent of posts times past. When your invested in cutting edge technology based companies, you revisit the same criticisms posted on Magic's threads. Mark, you wrote: "I am skeptical only because I saw all of these glorious revenue projections when GMGC had 11 Telcos in market trial, but as we know nothing came from it. Do you have any opinions on why the Telcos rejected Portico after the market trials?" I said the same, when the Telcos resisted DSL implementation. I regret having sold my holdings in AMATI and AWARE prematurely. We all had great expectations in DSL and we were extremely irritated over management not being aggressive enough. Now in retrospect, I see the problem was not in management but rather in us. We were ahead of our time,impatient and didn't realize the market place was not ready to accept the technology or the fees associated with them. John you wrote: "Markman himself said flat out that he made a mistake putting out revenue projections and talking about deals like Intuit before they were finalized and implemented at the last conference call, and that he wasn't going to do that any more. As a shareholder that leaves you and me with two choices... sell or hold." I agree Markman made the same mistake the DSL people made. I think it best to wait with their PR until everything is finalized. I don't believe the company should telegraph all their moves, when it benefits their competitors. John, like you, I intend to hold and add to my holdings when dips occur. Cheers and good luck. Alex

To: Mark Oliver who wrote (7999)	2/12/2000 4:14:00 AM
From: dgurgel	Read Replies (2) \| Respond to of 10081

The hype on GM's Onstar is amazing. GM has seen their US domestic market share plummet from more than 60% to 30% over the past 40 years. This company that makes 3,500 pound hunks of steel is now expected to revolutionize the market for six-ounce cell phones? Don't forget that many of us called our first cell phones "car phones" and that they were often fixed installations? The auto makers had their chance at the end of the 1980s to do something in the cell phone market and did nothing; the cell phones have been off the dashboard and into any pocket for quite some time now. The auto makers will have the same impact on cell phones as they have had on sound systems, very little. New developments in cellular technology keep me changing my cell phone and my service plan annually (now Sprint dual-mode on Nokia 6185 with Portico), but I have not heard one feature of Onstar that excites me.