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

To: Alex Glavinos who wrote (8001)	2/12/2000 11:22:00 AM
From: Mark Oliver	Read Replies (2) \| Respond to of 10081

Alex, you are sure right. It's easy to get impatient and feel like the projects you think are good have failed because they take too long to come to market. I know I've made that mistake often enough also. So many of these futuristic companies have non-disclosure agreements and have actually little to report until they finally get acceptance. I also believe the market has pushed the limits on blue chip tech stocks which has lead people to broaden out their search for new opportunity. I can tell you of so many companies that had interesting technology that couldn't get a second look last year. This year, they are all becoming bagger classics. Is it the long awaited resurgence to small cap? Who knows. I am often negative in my posts about GMGC, but I continue to hold stock and I've been holding and watching this company for about 3 years. Like you said, there is a frustration involved in being too early in a new technology. There are a lot of vaporware announcements that pump it and then dump it as you go along finally waiting for true acceptance and real growth. I sure hope they can get something going with GM, but lets face it, this is still a long way off to real deployment. I can't believe they can have a GMGC product out and generating revenues in less than 6 months. Its likely in that time, there will again be some sort of crisis of confidence. It's a real wild situation. Trade and wait for a drop, or hope the market gets some flavor of the day mania on GMGC and takes this stock off to crazy heights? Rumors drive this stock and news usually cools it. After 3 years, it's driving me crazy. Regards, Mark