Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kurt Goebel who wrote (3117)	8/1/1998 4:14:00 PM
From: CanynGirl	Read Replies (1) \| Respond to of 10081

A little nugget from the earnings release: "The remaining $3 million was secured through debt financing to meet additional equipment requirements, primarily related to the Company's network operations center. The company received $1.9 million in cash from this debt financing in the period and the Company expects to draw down the balance during the third quarter." Looks like a 2nd NOC will be online near the end of the quarter. On another note, below is what I'm looking for in unadjusted revenue for the next 3 quarters. Doesn't mean it will or won't happen. Just what I'm looking for to see solid growth and I'm not looking for positive earnings for at least 12 - 18 months. (Also, does not include Data Rover or WEB on Call). CYQ3: New Subscribers: 6000 Revenue: $725,000 CYQ4: New subscribers: 15000 Total Subscribers: 21000 Subscriber growth: 150% Revenue: $3,050,000 Revenue growth: 321% CYQ1: New subscribers: 30000 Total subscribers: 51000 Subscriber growth: 100% Revenue: $7,300,000 Revenue growth: 139% Of course '99 should see real growth if a carrier signs on and advertising kicks in.

To: Kurt Goebel who wrote (3117)	8/2/1998 2:51:00 AM
From: Ray Rueb	Read Replies (3) \| Respond to of 10081

How much is GMGC really worth? OK, I'm in trouble with my position... I don't want to panic dump. I believe we will see a panic selling induced gap down on Monday to low 7's or high 6's. I don't want to sell into that, that's panic and stupid. I really want to get out of this bath, I'm not having fun. I'd like to get out using a plan... So, if I'm going to go through the pain, and it will be painful, of raising the cash to maintain my position... I want to know what is really on the other side; how much is GMGC really worth: IF Portico doesn't hit any major snags... IF GMGC fine tunes its resellers so they do a better job... IF GMGC signs up 25,000 subscribers IF GMGC signs up 50,000 subscribers IF GMGC signs up 100,000 subscribers Now, no gut feelings or guessing, I can do that on my own... I want to hear some cold numbers of the form "25,000 subscribers at an average of x dollars revenue per month gives a gross revenue of y minus the average expenses of z per month giving a probable net income of xx per year and using a PE of yy, make GMGC worth zz." I know we've done this before, but I really want to review it again. BTW: if anyone out there can add other facts, I'd like to see some substantive discussions on this board again. Good luck to all for the upcoming week Ray