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To: dwlima who wrote (4058)	11/8/1998 2:18:00 PM
From: Seconds Out	Read Replies (1) \| Respond to of 10081

What led you to buy a significant amount of this stock recently? Thanks in advance. Seconds Out.

To: dwlima who wrote (4058)	11/8/1998 6:14:00 PM
From: Sea Otter	Read Replies (1) \| Respond to of 10081

I've wondered about this acquistion play. It makes a lot of sense for a carrier or large software/service firm to try to capture us. The business case for this is compelling - just a question of price. Fortunately or unfortunately, I know the folks at GMGC are feeling very good about themselves and their prospects right now. Therefore I doubt GMGC would even consider a buyout for anything less than an extraordinary price (above $20 at least, imho). This would be a crazy price in normal valuation terms, although rather cheap relative to other internet valuations and deals. Look no further than current PEs, or other recent internet acquistions, such as Microsoft/WebTV, to see what is possible here. GMGC is in such a key position relative to this developing internet/voice service market, that I find it hard to believe that possible acquistion won't set a hard floor under the stock price. Why did I buy? For the same reasons dwlima quoted, plus my personal knowledge of the people involved. I'll hold no matter what happens next week, and will buy on any significant dips. Feeling confident, I am. Sea Otter