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


To: Kurt Goebel who wrote (3561)8/25/1998 1:47:00 PM
From: Rick Rappaport  Read Replies (1) | Respond to of 10081
 
Tks. By my information from IR they had 39 million in cash and the 18+million in liquid assets. GMGC refers to their burn rate as 9 million/quarter with a "moderate" increase due to Portico ramp up (I translated this to be 3-4 million more/quarter).

It is so difficult watching GMGC continuously dive I now have a solution. I'm not going to watch. Sort of like what the humor columnist Dave Barry says to do when the engine is making too much noise-turn up the radio.