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To: Mark Oliver who wrote (5560)	3/11/1999 3:15:00 PM
From: Papillon	Read Replies (1) \| Respond to of 10081

Thanks for the explanation, Mark. I understand that there is always a buyer and a seller, so to speak, and one of them is wrong. I very much understand your anger and sympathize with you. Sometimes we (me, in particular) wear our coloured glasses and don't see things objectively (as if that was ever possible). I am hoping that the 1000 calls were someone who knows, or thinks they know, what the outcome of one of the big trials will be. We aren't really expecting anything on that score immediately, are we? By this summer, yes. I'm hoping the transaction in question was done by someone who was afraid yesterday's numbers would actually be good and that they wouldn't get another chance like that one before a big carrier signs up. And yes, I do have my rose coloured glasses on <g>. Best, Papillon

To: Mark Oliver who wrote (5560)	3/11/1999 4:49:00 PM
From: Rick Rappaport	Read Replies (2) \| Respond to of 10081

Mark, What's your take on the need for financing. It's out there like a bomb ready to go off (lack of it) but there is a strong sentiment that surely one of the alliance partners would bail gmgc out. I don't buy that and instead was appalled by the cfo's response to the Odyssey guy pointing out that 33mil at end of 1998 coupled with 15 mil burn rate equals no money by end of second quarter. Am I missing something here or is there another interpretation? I know Markman interceded on that question to the cfo by saying something like: there are too many big opportunities out there. We won't run out of money. Frankly, if gmgc does get money and the money they get comes at a high price the reward potential will outstrip the cost of funds by a longshot. Would like to hear your thoughts. tks