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

To: dgurgel who wrote (8206)	3/8/2000 9:39:00 AM
From: equityanalyst	Read Replies (1) \| Respond to of 10081

Hi, Dave -- Here's my take on your current concerns: 1) They don't need much in the way of new hires; they can tap all the resources they need at General Motors. 2) I think that the "PR" is coming, in various forms. 3) They don't have time for conferences, etc., given a heavy work load prior to OnStar's July launch date. 4) Our studies, and many others, show that insider selling is done for a variety of non-company-specific reasons (related to options, diversification moves, raising funds for kids' college tuition, etc.), and generally has nothing to do with the seller's expectations for his/her company's prospects. Only insider buying is a useful investment tool. Best, ea