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

To: Seconds Out who wrote (9001)8/24/2000 1:35:42 PM
From: Mike Gordon  Read Replies (2) | Respond to of 10081
 
According to nasdaq.com, GMGC currently has a buy recommendation from Dain Rauscher Wessels AND from Goldman Sachs:

earnings.nasdaq-amex.com

Do you think Goldman quietly initiated coverage, or is this an outdated leftover from when Goldman covered GMGC in the MagicCap days?



To: Seconds Out who wrote (9001)8/24/2000 6:52:59 PM
From: dgurgel  Read Replies (1) | Respond to of 10081
 
You say, "Meanwhile, the company continues to execute against its business plan."

Do you have any evidence to offer ? GMGC has not announced a single sale for which dollars were named to a new customer (who also is a continuing customer) since November of 1999. I am sure GMGC is working hard to achieve results under the new business plan, but I would think "execution" required at least some orders.


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