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


To: hcirteg who wrote (8205)3/8/2000 8:43:00 AM
From: dgurgel  Read Replies (1) | Respond to of 10081
 
If euphoric then we would see -

new hires (no new VPS posted since losing five of nine),
more PR releases,
attendance at more shows (site calendar had many for 99, none posted now),
insider buying instead of selling (5 planned sales now for Feb).

Purely as a matter of semantics, I hold that "euphoria" implies a joy so large that it can not be contained. GMGC is very "contained" right now. Euphoria is Snoopy on the doghouse with his ears flying - too bad we will see no more of that.

I am willing to allow that there could be something unforeseen and positive coming out of the CC. Otherwise, the revenues will still be puny although improved. (There could be a widening negative cash flow problem.) Further details on the GM, Excite, and Juno deals will be welcome but no huge surprise. Bellsouth is likely dead. Any new alliance should be promptly disclosed and not held for the CC.

On the positive and technical side. I watched the extended hours markets closely last night and so far this morning. There did not appear to be any bargains. My offers 3/16 above the close got no takers.