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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?


To: Q. who wrote (504)6/16/1998 9:01:00 PM
From: Geigartt  Respond to of 709
 
John: Re: GMGC: I only had time to read a couple of the newsreleases, but it looks scary to me. For this conference 6/21 - 24,they have some of the heaviest hitters attending, Motorola, Intel, etc. and they are in the Hollywood glitz business. This may not be Amazon, but I can see this thing going far before it falls. I would bet (not with my money you don't) it will continue this run based on exposure of this conference. Then who knows? Also, I'm not really sure what they produce, so how do you value the product, but it just smells dangerous with this Hollywood factor, just the thought of chilled Chabilis and all that loose producer-type money floating around "LA" makes my skin crawl. But that is what makes a high-flyer, no? Thanks for the lead, it looks interesting.



To: Q. who wrote (504)6/17/1998 9:06:00 PM
From: RumbleFish  Read Replies (1) | Respond to of 709
 
<<GMGC - General Magic ... Short interest has been soaring as the stock price has
ignited, and posts in online forums are in a frenzy, with hundreds per day on Yahoo.>.

Don't know if there's some particular reason you addressed this to me, John, but I did look into it a little. Never mind the financials since that isn't what the stock is trading on. You might want to check their web page at general.magic.com. *Way cool* demo of their "personal assistant" device called Portico. Supposedly you talk to it and it does all the work. Has a sweet female voice (in the demo, requires RealAudio 5.0) that complies with everything you ask and then asks if it can do anything else. Does it really work? Don't know but doubt it. Like I said *way cool* demo involving the adventues of a character named Cosmo, Elvis, space aliens and cyrogenics. Very show biz. Very creative. The web page anyway, if not the product.

Fish