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

To: Mark Oliver who wrote (6267)	6/5/1999 12:46:00 AM
From: John Madarasz	Read Replies (2) \| Respond to of 10081

Mark...Great essay and thank you, While I too agree we are headed towards a crisis point and definitely think this company has to bring some real product to market and with it some respectable revenues, I am constantly amazed at how so many investors delude themselves by continually putting the cart before the horse in regards to this technology and specifically this company. VUI is the future. We all know that. What is most unbelievable to me is how a company's management can lay out a plan and mention specific timetables, then have investors act incredulous when the plan does not come together way ahead of schedule. Management has repeatedly said over and over not to expect too much until AFTER the second half of the year. They have said over and over we expect real revenues in and after July 1999. genmagic.com The only disappointing behavior I've seen this year has been from overanxious and unrealistic investors who refuse to accept the company's publicly stated business plan. Because of this many have fallen for every market making ruse in the book, and ended up disappointed time and again. Here is a very interesting link from a very responsible investment counselor; Read into the middle of the article... cbs.marketwatch.com Encouraging eh? Have faith all and please remember I am with you on the long side. Thank you again Mark and others for the thought provoking posts; while there still may be a little more downside to both the market and GMGC I think we can all look forward to an exciting future. With Best Regards to all, John Madarasz