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

To: Austin S. who wrote (4017)	11/3/1998 8:25:00 PM
From: Bob Zacks	Read Replies (2) \| Respond to of 10081

Austin that statement by IR is all but an admission that they have a major carrier signed on. Anything less would be a great disappointment after such leading statements.They have just qualified what success is to them. ." GMGC's entire plan is to have the major telecos committ and begin offering Portico. " ." GMGC has yet to even begin performing " "The current Portico subscribers recruited by the resellers are really meaningless - regardless "

To: Austin S. who wrote (4017)	11/3/1998 10:10:00 PM
From: Seconds Out	Read Replies (2) \| Respond to of 10081

Very compelling post, Austin. I guess Wendy has finally gotten fed up with the subscriber questions and gotten permission to reveal slightly more information to keep everyone from badgering her about it. She is correct, of course. GMGC will sink or swim via the Carriers. They have neither the financial resources or name recognition to go it alone. Fortunately they won't have to,IMHO. Today's action was interesting and strange. Interesting because of the huge volume. Strange because of the asks continuing to be held tight to the bids. I don't pretend to understand the actions of MM's, but it seems to me somebody is trying hard not to let this thing explode just yet. Things could get very interesting very quickly. It appears we are headed towards a defining moment regarding the future of GMGC. Best wishes to all believers in the magic. Seconds Out.