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To: LastShadow who wrote (5278)	2/21/1999 8:29:00 PM
From: Kurthend	Read Replies (1) \| Respond to of 10081

LastShadow, RE: >>I am curious though, at what stock price would you consider questioning whether the management team is doing a good job? $4? $3? $2 perhaps?......Where has he let us down? Oh, how would the current value of our investment be for an answer - and I think I can pretty much say that applies to just about any entry price at any time.>> Just curious, but what price do you see as doing a good job? Had you bought this stock a year ago, you would have about a 200% gain. Unfortunately I did not, but that is life. Live and learn. RE:>>The issue is whether that management team, and the plan they are working toward is improving shareholder value. To date, it has not.>> How can you state the above. If gaining deals with MSFT, QWST, Intuit, 11 carriers trialing, Wirelessknowledge, etc isn't improving shareholder's value then I have no idea what would be considered improving shareholder value. The deal with the devil, as has been previously posted, was for GMGC to survive. Had the deal fallen through, what do you think the shareholder value would be today (zero)? RE:>>It does not take years to accomplish some measure of improvement to that end. It should be apparent quarter by quarter.>> The base line for GMGC should be considered the 3rd qtr of last year due to spinning off DataRover and basically starting from scratch with a new product. Look at DELL, MSFT, and others and you will see a depressed stock price for up to one year and down by 50% or greater. I will admit to not reading the convertible deal for the Series C, but that is no ones fault but my own. I strongly believe that is the major reason for the depressed stock. Now it is time for GMGC to perform and execute in terms of revenue. They will IMO. There is much more behind the scenes than what we know. Take care, Kurt

To: LastShadow who wrote (5278)	2/21/1999 11:04:00 PM
From: Seconds Out	Read Replies (1) \| Respond to of 10081

L.S., my point about having faith in management to execute against its business plan is because that is about all we know right now. No one said anything about that being the only reason to own this stock, but we don't have much more to go on until we hear details. My point is that if you don't have faith that when the details emerge that they will be what management has been promising then you shouldn't own the stock. You offered no sarcasm, I was just hoping to keep the debate clean. It has been so far. Regarding the timing of the stock purchase, it was to respond to your assertion that it has drifted during a raging bull market. Some of us have had fantastic returns, some have had large losses. But I agree with you that from any given day a stock should be judged on its future potential as opposed to its past returns. Regarding at what price I would blame management, it is hard to say. I do feel that the stock has been in the hands of short term traders. One of the reasons is due to the overwhelming retail ownership of the stock. The company doesn't really qualify for institutional ownership due to its balance sheet and lack of revenue base. Once that occurs it will hopefully provide some stability from these 30% to 40% monthly price swings. I still don't believe that management let anyone on to having substantial revenues prior to this year. They were quite specific about the ramp up at the Shareholders Meeting. We are the ones who anticipated more in spite of that. I will agree that management has probably been caught off guard by how deeply the stock has been punished. I am not saying that one can lay blame at management's door or at anyone else's door for the lack of 1998 revenues. Management told us to expect nominal revenues. What I am saying is that you don't have to blame anyone, other than yourself ( or ourselves ) for anticipating more. We all kept hoping for the next bombshell to propel us forward. It hasn't happened...yet, and it wasn't promised. GMGC is making the transition from an R&D company to one with "real" products. The problem is that no one has a model for how to value this company. What is the company worth? It has fantastic potential, but how should it be valued? It right now is subject to the whims of many. Believe me, I would be much happier to see the price at $10 than $4.50. I want results. I want a very good return on my investment for the risk being taken. But I also want to allow management the opportunity to finish executing against the very detailed plan it laid out for us in a very straight forward manner. So far they have done everything they said they would do. Once we see the details I believe we will be glad we allowed them that discretion. Of course if they do another financing deal like the last one, I will be as pissed off as anyone ;-) Finally, I find it hard to believe that felt it necessary to make a statement about whether this thread was for all viewpoints or just supportive ones. Could I have been more clear than to say I welcome opposing and concurring responses? Best wishes. Seconds Out.

To: LastShadow who wrote (5278)	2/22/1999 2:16:00 AM
From: ynot	Respond to of 10081

Good Post...Viper too...you are both right, IMHO, and as someone who stupidly joined the thread NEITHER long or short to check out the technology aspect, a rather large amount of posts have been information for company sources or speculation IMHO on GMGC world beating technology. Your Mac post was subtle, they didn't get it. The technology is plentyful, North America, Europe, South America. GMGC takes stuff available and packages it...period. They act as an integrator to Wireless Knowledge, and probably don't know how much they will supply...as WK has publicly stated that they will not force any 'customers' to one standard (except IMHO CE/NT) Sarcasm, maybe, but my interest in the technology component includes checking things, and I haven't been able to confirm what TELCO testing includes; NOC? pieces? VUI? Important for me, I look for standards in this area. IMHO GMGC is an integrator and reseller of telco pipe, that is where the money comes from and Portico just helps fill pipe, and is easily replicable. I would welcome any suggestions on what these telco's are getting from GMGC as I would think in order to book sales there must be a description of value or services traded for that booking. <OT> I enjoy you postings on OPTIM's thread and wonder if any of your models include qualitative elements that my suggest the timing of stock price turns/movement or breakout not linked to volume momentum or stocks moving in tandem/contra?