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

To: James Strauss who wrote (10046)	9/4/2002 3:58:28 AM
From: David S.	Read Replies (1) \| Respond to of 10081

General public expects DOW below 5000; NASDAQ at 1000. Everyone is expecting the Dow and NASDAQ to go down, and a large portion are indicating expectations of the DOW to go below 5000. Some very bearish are saying that it could even go to 3000.

To: James Strauss who wrote (10046)	9/4/2002 4:08:50 PM
From: dgurgel	Read Replies (1) \| Respond to of 10081

James, Give it up already; $5K - $30K days are meaningless. Looking with any perspective shows this one has flat-lined at zip. That silly 1:14 reverse split has fooled few other than the NASDAQ staff by widening the plate so much that GMGC seems to the few to only recently have failed to get the ball in the strike zone. Bankruptcy by October 1 seems a sure thing to me; but most employees and most of the management team will leave town a couple of weeks prior to that. Oh, well. It was a fascinating story to follow.

To: James Strauss who wrote (10046)	9/4/2002 4:36:41 PM
From: Seconds Out	Read Replies (1) \| Respond to of 10081

Jim, I have to...gulp...agree with Dave about the importance of the charts at this point in time. GMGC does have a slight chance at putting together financing. A very slight chance. It would be extremely dilutive. I cannot think of any other reason for the price to have moved up lately other than some folks just taking a shot at a quick pop after financing prior to the realization of the dilutive nature of it. Maybe the money in the bank would outweigh the dilution, but I don't feel good about it. Again, that financing is a long shot, and all other scenarios don't appear to leave any value for the common shareholder, imho. Of course, I hope you are right and I am wrong. Seconds Out.