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


To: dgurgel who wrote (8191)3/6/2000 11:31:00 PM
From: despy  Read Replies (1) | Respond to of 10081
 
Anyone have any suggestions where I stick $ 50 K? I like the trend on this stock.

I say keyboards will be obsolete in under eight years.

Looking at General Magic to be a major facilitator. I like the 18 million dollar token investment by growth capital partners.

While I'd like to say that's a bit curious, I must admit, Im not surprised that the interest is there.

Voice recognition.... Hmmmm... How long before we say "Lights, Dim" or "Buy GMGC - 3500 shares?"

This company has a future.



To: dgurgel who wrote (8191)3/7/2000 6:39:00 AM
From: Mark Oliver  Read Replies (1) | Respond to of 10081
 
I met someone from RTS in January and he left me with an impression that they might have been working with GMGC. He certainly knew GMGC well and thought they had a good product. Maybe something will surface with AOL after all?
Regards, Mark

AOL's Case bangs the drum for wireless
By Carmen Nobel, PC Week

NEW ORLEANS -- Once America Online Inc. had bought Netscape Communications Corp. and then merged with Time Warner, it seemed the company had everything it needed to succeed in the Internet economy -- except wireless technology.

AOL began to remedy that situation this week, partnering with six companies to offer the new AOL Mobile Messenger service. And more partnerships are in the works. Today, for instance, RTS Wireless, a New York-based wireless Internet software and consulting company, announced that AOL will license its Advantage suite of wireless data, text-to-voice and consulting services.

This morning, on the last day of the CTIA Wireless 2000 show here, AOL CEO Steve Case sat down with CTIA President Tom Wheeler to discuss the logic behind AOL's wireless strategy before an audience of show attendees.

In Case's opinion, consumers need to see much more in the way of integration between wireless devices before they feel comfortable buying and using them.

"They're getting a little frustrated because each of these things is designed in an insular way," he said. In the same vein, Case said it was important to make sure wireless devices integrate with wired ones, too.

"If you view this opportunity through the prism of just wireless or just PC or just anything else, you're going to miss the opportunity of integration," he said. The point is in "bridging these separate worlds rather than viewing them as self-contained worlds."

This is especially important in the United States, he said, where wireless service lags behind that in other countries and where the most common Internet access appliance is a PC, not a phone.

"In some markets, wireless may lead and the PC may follow," he said. "But not in the United States."

Riding the Redmond roller coaster

The conversation also touched upon Microsoft Corp., which for some time has had a bully-buddy relationship with AOL. It's now almost a legend in the industry that Microsoft Chairman Bill Gates approached Case when AOL was first taking off, telling him that AOL had two choices -- Microsoft could either buy the company or squish it.

"I was scared," Case said. "We just stuck with it. ... Ultimately the anchor of this strategy has not been how we think it's supposed to work but how consumers think it's supposed to work."

Why did AOL continue to grow when Microsoft's MSN service reached a plateau?

"We had a better service," Case said. "That counts. Execution matters. ... And word of mouth was very strong."

Wheeler pointed out that Case gained some critics several years ago when AOL made the switch from being Microsoft's enemy to its ally by licensing Internet Explorer.

"I wouldn't necessarily view them as an ally," Case said. "Countries have to co-exist. And so do companies. ... In this new world, companies are friends sometimes and enemies sometimes. ... We bought Netscape because we think it's important to beat Windows, but we still license Internet Explorer." See this story in context on ZDNN's Page One Section.