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To: jgideon who wrote (430)	1/21/1998 10:47:00 PM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

I heard about it but didn't start digging yet. Keep me posted if it looks good.

To: jgideon who wrote (430)	1/22/1998 6:14:00 PM
From: Maya	Read Replies (2) \| Respond to of 118717

I thought to mention General Magic GMGC $ 1 3/8 here in case of someone is interested in a small cap idea with limited downside and signficant upside: This is a wireless communication software company with a potential killer apps: Serengenti -- an integrated wireless communication service designed to help carriers to increase their airtime and to help mobile professionals to manage all the voice mail, email, fax and contact information from one place while they are all the road. Basic data: 26.8 mil O/S, mkt cap about $37 mil with $30 mil cash. Where would the Magic go from here? I am looking at the following positive events to occur in the next few months: - the license of their Agent technology, possibly in Q1 - one or two strategic investments to increase the profile of the company as well as its financial strength; - extended field trial starting in mid to late Feb with 2000 users - expect carrier endorsement before or during the trial - more insider buying: most recent buying occured on Dec 6, one director paid $1.88 for 2500 shares (M. Kalogris, CEO of Triton Communications) - lastly, increased media coverage as more carriers are looking into solutions like Serengeti to increase their airtime. Bottom line: for a stock trading near its cash, GMGC has a pretty good story. 20c downside, a few DOLLARS upside ... Background info: exchange2000.com