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


To: dgurgel who wrote (8137)2/28/2000 5:00:00 PM
From: dgurgel  Read Replies (1) | Respond to of 10081
 
OT: FONX had big move up today on 2 PM ET news involving Microsoft.

I passed on this stock at $0.30 in early January but got in a few weeks ago at $0.97. I was appalled at their financial condition (delisted), but they seemed to have good technology and are nicely located in Utah which is an important second-tier technology incubator (Wordperfect, Novell).

My interest was rekindled when I saw them getting much more mention than GMGC. I think their market cap is still under $150 million but it is difficult to determine the number of shares on a fully diluted basis.

Now do not jump on FONX without DD. I have no intention of digging into FONX like I did GMGC where I had several friends back in 1996 - 1996.