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To: Alan Edgett who wrote (5509)3/10/1999 5:54:00 PM
From: Mark Oliver  Respond to of 10081
 
I don't know about the rest of you, but I couldn't get a question in. I pressed th 1 key 20 times and no go. Was this a closed call? I don't get it.

Regards,

Mark

PS The forward looking statement was not bad. They answered many questions. New NOC coming, rev starting in second half from WK, quicken on line second half, and so on.




To: Alan Edgett who wrote (5509)3/10/1999 5:56:00 PM
From: hcirteg  Respond to of 10081
 
Clearly we are going to gap UP tomorrow...

And it's gonna snow in Miami!

This on-going kryptic rhetoric is not good at all for short termers...and getting harder to beleive for long termers...don't dispute it...the stock price action over the last 30 days says it all.

The rise today was based on small buys. Sucker punched again.

This sux.

HC



To: Alan Edgett who wrote (5509)3/10/1999 5:57:00 PM
From: Straight Up  Read Replies (2) | Respond to of 10081
 
Hi Everyone

The conference call was not exactly what I expected. I thought Markman would have announced a partner. Anyway he did say something very interesting during the question & answer session.

He was asked about the burn ratio - GMGC should be out of money by June. His response was "Believe meeee, the opportunity in this market is too BIG (for us) to run out of cash." In other words. Don't worry the company will not run out of cash.

I believe it was Markman that said "we are in constant active conversation with bankers and analysts and expect to get coverage by 2nd half of the year."

I will sum up the rest of my notes and report back later. I need a drink. Maybe my notes will look much better after a few :)

Still long, just longer than I thought.

Straight Up



To: Alan Edgett who wrote (5509)3/10/1999 6:00:00 PM
From: Gandro  Read Replies (1) | Respond to of 10081
 
Questions to people on this message board

As we all know by now earnings basically sucked.
Do doubt about it. This company now has a consistant
record of loss. My concerns.

#1 This company needs cash quickly. Not so much just to
stay in business but to provide confidence to investors.
What was that ballot for that we voted on in January
concerning additional revenue infusion?

#2 If this company doesn't improve its shape, I wonder if
Markman will consider selling the company. This may be the only
way to survive plus provide investors with a decent shareholder
return. I wonder if Markman is the type who stays with a
ship until it sinks, rather than get rescued before the
boat goes down. This analogy of course includes us stockholders.
I am long, but if this company is going to sink due to lack of funding, it is time to sell the company to an intersted party.

#3 I agree with a previous poster, that if Markman is doing
the right thing, he knew all along about this quarter's dismal earnings and would strategically reserve good news until after
the earnings report. But even at this point, good news doesn't
help consumer confidence with lack of revenue infusion.
We need some cellular providers to accept Portico and get a new
infusion of cash for this stock to start moving upward again.

I would like to hear opinions of others.