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

To: deepresearch who wrote (6075)	5/4/1999 9:43:00 PM
From: Seconds Out	Respond to of 10081

Deep, I agree. GMGC is continuing to execute according to their plan (which they have always said they would do). I am sure we all would like to have seen faster penetration into the Baby Bells. I am sure GMGC would have as well. But it has started. Intuit and Qwest should be allowing further information to be made public shortly as the timing for implementation approaches.( BTW, I think the PR on the Bell South deal was handled by them and not GMGC. ) We know that GMGC is talking to other internet players. Hopefully we will see some progress on that front as well. Meanwhile, for those that are asking "is that all?" about today, no offense intended in any way but what were your expectations? All of the takeover talk was purely speculative. I tend to agree with the thinking that a takover is unlikely. An equity investment appears to be of higher likelihood, imho. And about MFST bailing, the S-3 seems pretty clear that all Series A,B,C,and D Convertible Shareholders were registered. Surely they didn't all call each other and decide to all bail and register simultanously. It appears that some coordinated effort involving GMGC occurred. For what reason is still conjecture. So where are we? A huge run up over the last week. Fueled maybe by some unpublisized anticipation of the Bell South deal, some speculation of a buyout causing some speculators to chase the momentum in hopes for a quick killing, and some investors who might feel that the summer is fast approaching and along with that timeframe the anticipated market rollout of agreements signed in Q4 of 1998. But what we really have is a company who, imho, is moving forward in a very deliberate and conservative fashion to try and bring to market its product through the Carriers, Internet partners, and Enterprise Solutions. Hopefully GMGC will succeed before its competitors and/or cash flow problems catch up to them. Let's hope that more and more investors begin to see that GMGC is beginning to turn potential into reality, that the company can execute with its partners as expected, and that consumers will recognize the benefits of using products with magicTalk. Then we will see sustained share price growth backed by revenue growth in hopefully large proportions. Seconds Out.