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

To: MattB who wrote (5803)	4/11/1999 10:54:00 AM
From: james a gustino	Read Replies (3) \| Respond to of 10081

some have tried to rattle the confidence of gmgc longs by suggesting that since the 10-K refers to the WK/GMGC deal as a non-binding letter of intent, that the deal is but gauze and mirrors. nothing could be further from the truth. please re-read the WK/GMGC PR and particularly the quoted statements of WK's ceo to appreciate my point. further, i think it falls into the category of "self-evident truth" that market behemoths like MSFT and QCOM would never PUBLICLY HITCH THEIR WAGONS to a questionable, marginal entity.... ergo, the only truly logical inference is that MSFT and QCOM realize that GMGC "has got the goods." WK's ceo would not have made the public statements he made about GMGC had this not been crystal clear to him and his organization. WRT the intuit deal, we know that it will expose GMGC and Portico to tens of millions of quicken.com consumers. we also know that it is an EXCLUSIVE deal. again, why in the world would another market titan like intuit have hitched its wagon to GMGC unless it was fully persuaded that GMGC "had the goods." i may not be too terribly smart, but i am smart enough to realize that the collective insights of MSFT, QCOM and INTUIT are very meaningful. IMHO, the broader market will see this soon enough as the commercial services are rolled out in a big way........ oh, BTW.... SOMEONE's driving GMGC's NOC expansion to accommodate 500,000 active users......... FWIW, i suspect that when the PR is eventually released, it will be a name that we all recognize........ keep the faith.