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


To: VinWood who wrote (2235)6/11/1998 1:21:00 PM
From: Seconds Out  Read Replies (1) | Respond to of 10081
 
Vin, how can YOU say that the company is not much closer that a year ago to making money. A year ago Portico was just a concept. Now it is about to be released! Time will tell whether or not it makes money, but it certainly IS a lot closer today than a year ago.

I guess you are still happy you sold out at 9 when GMGC dipped into the low 8's pre-Interop announcement! Seems like you may be on the wrong end again buddy.

To all: squirming is a bullish sign.



To: VinWood who wrote (2235)6/11/1998 9:39:00 PM
From: shortlong2  Read Replies (1) | Respond to of 10081
 
<<This company is not much further along the road towards making any money than it was a year ago, so why is it it a better buy at $11 than it was at $1. Your logic escapes me.>>As far not being any closer to making money than they were a year ago.....that's your opinion. My opinion is that they are now a year closer. As far as your discomfort with the price ? It is for the potential, you profess to have been in the business long enough that you should understand that. You also should know that there are many,many companies that are not making one thin dime that are selling at many times what General Magic is. It is amazing how your opinion changes depending upon your current situation, in or out, short or long.