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


To: sloan who wrote (2212)6/10/1998 1:14:00 PM
From: jerry anchin  Read Replies (2) | Respond to of 10081
 
I see, you don't know what the company is worth but your gut tells you 11 is quite high. What are you talking about???

Where do you people come from,,,,try facts for a change.



To: sloan who wrote (2212)6/10/1998 1:29:00 PM
From: Austin S.  Read Replies (2) | Respond to of 10081
 
$11 bucks HIGH? Pray tell why? In my opinion, $11 is dirt cheap considering the revenue GMGC can generate alone through Portico, not to mention the tremendous revenues that may well be generated via the licensing of its agent technology as it relates to virtual shopping/virtual shopping malls, etc.



To: sloan who wrote (2212)6/11/1998 10:07:00 AM
From: shortlong2  Read Replies (2) | Respond to of 10081
 
Is this an oxymoron ? <<I dont know what the company is worth, but 11 seems quite high. >> Maybe not ,but pretty close. sloan does somebody have a gun pointed at your head commanding you to buy General Magic ? If not, then get out of the way because there seems to be plenty of people willing to pay 11+ right now. Give your reasons for your thoughts or take your crap someplace else.



To: sloan who wrote (2212)6/11/1998 12:51:00 PM
From: Jane Hafker  Respond to of 10081
 
Well, let's see....why is the stock at 11 today. It seems high...

O.K...the stock was at 11 for ages and ages two years ago. At that time they had nothing but ideas and money in the bank.

After that they went back up to 17, on nothing but ideas of more ideas with money in the bank.

Then, if you will look, on the day they hit 17 they announced to all holding--me for one--that unfortunately they had just discovered that they couldn't make a single penny selling anything for at least 2 years--1998.

It is now l998, they have product, they are selling and developing tons more and Motorola is not in trouble with Magicap, which originally took them down.

The stock has held steady at 11 now for a month. It "dipped" to a constant low of near l0 l/2 for a few days.

Good grief. Even I can answer that, so it is rather elementary logic.

If I was in your shoes and enterested, I would get in now and figure the least you will get, like Ray called so well, is 10 1/2--and now I'm not sure of that.

11 l/2 has been my sole source of interest. That's why I've followed it. This is a constant now, why are you so surprised? I don't understand it.