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

To: Mike Hardy who wrote (5748)	4/1/1999 2:57:00 PM
From: William Presti	Respond to of 10081

What is most interesting is that McCormick states that the additional funding should be sufficient to carry GMGC through the second half of 1999. This comment would tend to back up Markman's expectations of significant revenue increases in the latter half of the year. If they were not confident in such increases, then there would be absolutely no way the additional 20 mil could carry them that far. Given their current quarterly burn rate, it seems surprising that it could even carry them much past mid-summer. Like I said, it's most interesting. B