Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Souze who wrote (6032)	5/4/1999 8:21:00 AM
From: dragonpawn	Read Replies (1) \| Respond to of 10081

The reason for MSFT to file papers with the SEC is in antecipation that GMGC might shoot to the moon.

To: Souze who wrote (6032)	5/4/1999 8:23:00 AM
From: Anthony Marks	Read Replies (1) \| Respond to of 10081

From the S-3 <<The selling stockholders listed on page 15 are offering up to shares of General Magic, Inc. common stock that they may acquire by converting Series A Convertible Preferred Stock, Series C Convertible Preferred Stock or Series D Convertible Preferred Stock or by exercising warrants to purchase shares of common stock. The selling stockholders also may offer additional shares of common stock acquired upon conversion of Series D Convertible Preferred Stock or exercise of warrants as a result of stock splits or similar events.>> I belive this is a formality. They are converting to common and registering to sale. They are not required to sale. This just means they have the option to sale without further notice. At this point, I doubt they will sale since they are "in the money" on these convertables Just my opinion Tony PS Gary, you need to read Pg 15 of the S-3