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

To: equityanalyst who wrote (9570)	5/18/2001 6:25:24 PM
From: Ted Downs	Respond to of 10081

News release after close yesterday. Tursday May 17, 5:01 pm Eastern Time Press Release General Magic to Showcase magicTalk Voice Gateway at V-World Conference General Magic's magicTalk Voice Gateway 1.1 Now Generally Available SUNNYVALE, Calif.--(BUSINESS WIRE)--May 17, 2001--General Magic, Inc. (NASDAQ:GMGC - news), a pioneer and innovator in voice application software and services, today announced its participation at the 4th annual V-World(TM), a global event dedicated to the speech recognition software industry presented by Nuance (NASDAQ:NUAN - news) that will take place May 20-23, 2001 at the San Diego Marriott Hotel & Marina. General Magic will be showing its recently announced and commercially available magicTalk(TM) Voice Gateway, the first in a suite of software products designed to enable businesses around the globe to quickly, efficiently and profitably develop and deploy voice solutions. Mark Strumwasser, vice president of sales and market development will also be speaking on ``Enabling Rapid Development and Deployment of Voice Applications with the magicTalk Voice Gateway,'' on Monday, May 21st at 1:30pm. General Magic and Nuance have a long-standing relationship spanning more than 4 years. Speech technologies from Nuance have been instrumental in helping General Magic deliver high-end, user-friendly voice-enabled applications, which include General Magic's award-winning Portico(TM) Virtual Assistant service, the myTalk(TM) service, and most recently, the OnStar Virtual Advisor. V-World is an annual event featuring presentations and conference tracks that explore how voice-enabled applications can help enterprises, telecommunications carriers and e-businesses around the world increase revenues and improve customer satisfaction. The event will also feature a trade show with over 50 exhibitors from various categories in the Voice Web ecosystem including ASPs, integrators, wireless application developers and application enablers.

To: equityanalyst who wrote (9570)	5/18/2001 7:31:43 PM
From: James Strauss	Read Replies (2) \| Respond to of 10081

Technically Speaking... ***************************** EA: We have a mini cup and handle formation... bigcharts.com Today's volume was 5 to 6 times normal volume on no specific news... The conference news release didn't do this... Maybe it's the forthcoming IBM news and or something else... Whatever it is seems to be positive... Volume usually precedes price... Volume of this magnitude usually means institutional buying... A double top breakout above the 2.00 area would be very bullish... Jim