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


To: dgurgel who wrote (8940)8/15/2000 7:16:17 PM
From: dgurgel  Read Replies (2) | Respond to of 10081
 
Current Press Release Strangely A Day Late, and A Dollar Short?

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 15, 2000--General Magic, Inc. (Nasdaq: GMGC - news), a leading voice application service provider, today announced it has completed an agreement...

Actually, they announced that yesterday in the 10-Q, which said, "In July 2000, General Magic signed an agreement with IBM to jointly develop and deliver voice applications for companies in General Magic's target markets."

Should be worth a little bounce at the open.

I think the release begs the question, "What's in the agreement, are we rich yet?" Nothing but blah, blah, blah in the text. It's like coming home and saying, "Well I had my performance review." ... and stopping there.