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

To: Bill I. Shockley who wrote (2956)	7/28/1998 11:48:00 AM
From: JC	Read Replies (1) \| Respond to of 10081

Bill- I am not saying that the experiences of people who sign up for the service is not important, what I am saying is that this experience is already built into the price. For the sake of argument the stockholders already in have ASSUMED that the product will do and dazzle the way that GMGC has advertised it will, and the way that industry insiders who have tested it have said it does. Any new support for the already known amazingness of the product will not alter the price of the stock significantly, since it is already assumed. What will alter the price is the first earnings/profits that the company shows, asssuming it does not go the AOL way and get snowed under by it's own popularity. JC