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


To: Phil Melemed who wrote (8681)6/22/2000 11:53:00 AM
From: equityanalyst  Respond to of 10081
 
Phil & Souze -- Thanks. Besides IBM, this is an example of what GMGC has been focusing on for months, and looks like things are starting to come to fruition:

"As part of the agreement, General Magic will receive development fees and recurring revenues from hosting and licensing, as well as stock equity in Global Services Network."



To: Phil Melemed who wrote (8681)6/22/2000 12:48:00 PM
From: Mark Oliver  Read Replies (2) | Respond to of 10081
 
It's interesting to see this GSN web site. They have 2 actually, one for the product Polestar and the other for the company.

Polestar site has a video describing the service which sound almost exactly like Portico, but perhaps with more function. I guess this is where myTalk customers will go. Portico also is suppose. This company might have even been started to take over the business? Anyway, they don't say what it costs. Someone could call 877 POLESTR to find out more. mypolestar.com

Over at the GSN site gsnonline.com, you find things like this:

GSN CONTINUES TO ATTRACT, SIGN DIRECT SALES COMPANIES

Having recently finalized agreements with several direct sales companies and enterprises, Global Services Network, Inc.â (GSN), a leader in one-number communications services, is quickly establishing itself as a major telecommunications provider in the direct sales industry.

GSN now supplies one-number messaging services to 16 different direct sales companies comprised of more than 750,000 distributors, all of whom will be offered GSN?s one-number messaging services, either under the brand name Polestarâ or as branded by the respective company.

The arrangements of these respective partnerships are as follows: the GSN partner will offer their network of independent associates, distributors and affiliates the Polestar one-number service as their primary corporate communications and business building tool. GSN will then manage and operate this service for the company and provide customer care for its members.

"Whether branded as Polestar or as a company specific product," said GSN Chief Executive Officer Blake Ponuick, "the benefits of the service are equal and undeniable."

The benefits of which Ponuick speaks have resonated in the direct sales industry, primarily due to the fact that Polestar simplifies telecommunications by consolidating telephone, fax and pager communications, thus enabling distributors to communicate more efficiently with and offer greater availability to their clients and associates.

"We see these collaborations as a natural fit," said Ponuick. "The network marketing industry is predicted to generate as much as $100 billion in wholesale revenue by the year 2009 and we are convinced that Polestar?s versatility will enable these companies and their distributors to continue to flourish and propel themselves toward even greater success."

Founded in 1996, Global Services Network, Inc. is a privately held, Portland-based telecommunications company with offices in Vancouver, British Columbia. The Company?s flagship product is Polestarâ , a one-number service that integrates voice, fax and pager messages into a convenient inbox that can be managed via the telephone or Internet. For more information about Global Services Network, Inc., please visit the Company?s Web site at www.mypolestar.com.


Just heard CNBC reporting on the IBM initiatives and how it was boosting the shares of GMGC. Really pleased for you all. Hope this can be the start of more.

Regards, Mark