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

To: Mark Oliver who wrote (6078)	5/4/1999 11:49:00 PM
From: Sea Otter	Respond to of 10081

I've become quite a fan of these graphing/chartist sites. I haven't a clue if they're meaningful, but they sure make pretty pictures. thomsoninvest.net Anyway, fwiw, today's action was half retail and half institutional/other. The fact that we weren't 100% retail (unlike in our past), is, I would infer, A Good Thing. You called it, Mark. GMGC is always entertaining if not necessarily profitable. I can't ever recall holding a $5 stock that generated such action, ruminations and endless conspiracy theories. Speaking of conspiracy theories. I also don't believe BellSouth is "the news" that drove trading last week. We GMGC cult-members understand the deeper spiritual significance of the BellSouth deal, but the broader market isn't likely to care. Seems far too weak to drive a trading spike. No, I still believe something else is coming, which has generated all these rumors and innuendo. Partnership or acquisition, with the probabilities on partnership. Apple rumor. When is the last time Apple made a sizable acquisition or partnership? I don't recall one in recent history. On the other hand, GMGC was founded by Apple alumni and the roots go back quite deeply. For instance Andy Hertzfield, creator of the Mac ROM, was a founder of General Magic. Also, Apple is way out of the internet/voice/portal/workgroup picture. Their last comm effort was e-world, which got obliterated by the web. A deal with GMGC would put them back into the thick of things. Who can say? It all depends on the random nueron firings in Steve Job's head. And he took too much LSD in his youth. I also find it interesting that these rumors run the gamut. MSFT, SUNW, APPL ... Assuming, for the moment, that there is a real foundation for these rumors (that this is not just a conspiracy by TokyoJoe), the fact that so many buyers are mentioned might indicate that Markman is shopping the company. Getting competitive bids. If true, then the BellSouth deal is doubly significant, in that it validates the gmgc carrier strategy thus making gmgc a more valuable acquisition/partner. Also, I'm sure Elvis is involved here somehow. More on that later. Sea Otter