Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dgurgel who wrote (8941)	8/15/2000 7:37:01 PM
From: John Madarasz	Read Replies (1) \| Respond to of 10081

Dave... interesting release. I was particularly intrigued by the first sentence... "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 with IBM contemplating the integration of General Magic's open standards VoiceXML-based magicTalk(TM) platform with IBM DirectTalk and IBM WebSphere Voice Server. Contemplating? What's that all about? It sounds to me like GMGC is using IBM products here to enhance their server/delivery capabilities. I still think GMGC is the sleeper play, slowly building a service that no-one will be able to touch because of all the best components they have compiled from all the other systems. We shall see. Thanks for the stuff from the 10-Q, I was just reading alot of that stuff before you posted it. Good Trading

To: dgurgel who wrote (8941)	8/15/2000 7:51:54 PM
From: Seconds Out	Respond to of 10081

Dave, it is great to have the deal finally completed. Actually, it was just signed this week. As of last week, they were still discussing final details...sales incentives and breakdowns, etc. This can be verified by GMGC now that the deal is done. The contract, though it took longer than I know you and some others would have liked, is hopefully the start of a great relationship between the two companies. Maybe it will ease some of the concerns out there about GMGC by some of the larger players as well, and help to sure up the price a bit more. I am looking forward to GMGC continuing to execute successfully against their business plan. The next few months will bring a number of additional deals, imho, and the current dip will have proven to be an opportunity to those who had the confidence of their convictions. Seconds Out.