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To: Ronald C. Vinyard who wrote (5787)	4/8/1999 2:24:00 AM
From: Sea Otter	Read Replies (1) \| Respond to of 10081

Count me in on the dark side. - The financing deal. Ok, I studied it. I hate it. I don't care that it has improved provisions relative to the previous series. I care that it came from private no-name investors instead of from a corporate partner. That seems completely wrong at this stage and is most worrisome. - Telco deals. I now don't believe they'll happen anytime soon. I base this conclusion on the fact that telcos are dinosaurs but not fossils. If they were going to jump on Portico they would have by now. I think they're biding their time watching and waiting, or perhaps developing internal services. So, imho, GMGC is putting all its efforts into the "internet" plays (WK, Intuit and that ilk - we don't get "500k subs" from Bell Atlantic in six months). I have no idea what the revenue picture is for these deals. We can only hope it is compelling. Talk about being in the dark. - Some slight good news. We are getting PR at least. For example Time magazines digital mini-mag for April (I found it on an Alaska Airline flight) has an article about Virtual Assistants. Portico figured prominently, judged better than competitors etc. Bad news: they also hammered on Portico's expense and problem areas and questioned the market need. - I am massively tired of this complete lack of news from GMGC. Maybe they'll tell us who got promoted this week? Announce another convertible? - And I'm tired of watching GMGC be the dog of my portfolio. Today's action was even more disconcerting since there wasn't an obvious reason for it. Perhaps all this negative energy means we're ready to leap on wonderful news. Perhaps.

To: Ronald C. Vinyard who wrote (5787)	4/8/1999 11:05:00 AM
From: MattB	Read Replies (2) \| Respond to of 10081

In response to point 3..I think this is the heart of the problem. Not being a technical person, I cannot comment about many of the discussions about platforms, NOCs etc. However, I think we have a product that is probably cutting edge, and in its time might just be the next "killer app". For now, though, it seems as if no one cares. Since my involvement with GMGC I have kept my ears and eyes open to discussions about wireless internet, voice recognition and the like. What has disturbed me more than the slow death spiral this stock has taken is that I hardly ever hear GMGC mentioned in the business media. I would like to think that management knows what is doing.Many great companies go through rough times. But given GMGC's past history, I think management should be more communicative with the investment community. Just an opinion.