SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: Fredman who wrote (5621)3/17/1999 10:44:00 AM
From: Tom  Respond to of 10081
 
How's this in the FWIW category:

The rumor is posted in Tokyo Joe's web site that GMGC is getting ready to sign large contract with XCIT. Thats where he came up with news. As always just a rumor until fact.

And may the Saints be with us this St. Patty's day! (Even if such rumors only serve to frustrate and mislead. A bit like that lottery ticket I bought.)



To: Fredman who wrote (5621)3/17/1999 11:27:00 AM
From: MattB  Read Replies (4) | Respond to of 10081
 
I have been a lurker on this board for quite some time mainly because from a technology point of view, I have nothing to add. I am impressed by the depth of knowledge that some of you possess and I have learned a great deal.

I learned about GMGC, and while it is not the type of company I would normally invest in, I visited their web site, and was wowed by the demo. Also, with all the reading I've done about wireless internet and such I felt that this was a legitimate speculation.

I think they have great technology, and the portico product seems real. I wonder, however, from a customer point of view, how many of us really need it? I am not a gadget person, and frankly find a lot of technology to be frustrating during the learning curve. Consequently, I wait until products are proven and there are large numbers of users.

My question as it relates to Portico and GMGC is simple. Is the market as it stands now large enough to support this company. The technology may be outstanding, but how many people really need it. I wonder if this is a product in search of a market?

Does this make an investment GMGC ill advised? I don't think so. I do believe, however, that the time horizon for this to pay off could be well into the future. Absent some extraordinary company event, I think we are looking at "dead money" for some time to come.

The risk, outside of the company failing , I think is minimal from these prices. Maybe one day we will be able to say with pride:"GMGC? I own a ton of it at 4".

Just some random thoughts from an interested shareholder.

Thanks for listening.