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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: hcirteg who wrote (5745)4/1/1999 2:13:00 PM
From: Mike Hardy  Read Replies (1) | Respond to of 10081
 
From 10K - Stock Trading part of Intuit Deal
from Virtuallylong,
( by the way maybe some of you might want to check out
clubs.yahoo.com
many informative posts, by well respected investors)
>From the Agreement between Intuit and GMGC in the 10k!

C. Magic and Intuit desire to enter into a long-term relationship
whereby the Parties will work together to integrate certain features of Magic's
Portico service with Intuit's personal finance technology and the "Quicken.com"
web site and to make the benefits of both Parties' technology available to both
Parties' customers. The Parties expect that there will be three distinct aspects
of their relationship: (1) Intuit will promote, and Magic will provide, a [**]
(based on Portico technology) to users of the "Quicken.com" web site that allows
such users to access and act upon financial information available on the web
site through the telephone; (2) Intuit's personal finance technology will be
incorporated into the Portico service and offered to Portico customers; and (3)
Intuit will promote to users of this [**] Portico service.

PERSONAL FINANCIAL INFORMATION" means an individual's unique personal
financial information including portfolio holdings, banking information, bill
presentment, and transaction data (e.g., buy and sell orders) stored in or
accessible through the Quicken Web Site or the Portico Service, as the case may
be.