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Re: Baja33 post# 116

Friday, 04/05/2002 9:51:53 PM

Friday, April 05, 2002 9:51:53 PM

Post# of 228
baja, I have considered that

but it is VERY hard to throw more $$ at this company - that would cost me roughly another $4K, and I'm not in a position to gamble that much - It IS a gamble imo, with this company.

I suppose that means I would rather lose all I've invested up to this point, or wait at LEAST 2 yrs for the stock to hit a dollar again, than put more $$ here - I think a LOT of the retail investors feel that way now - gmgc has successfully alienated the retail community, imo. (Excuse me for the generalities, DaveG, but my emotion is showing through.)

What GMGC has got is ONStar & it will not "go away", imo.

They have a trial w GE and one with Citibank - these could go nowhere, or somewhere, 50-50 chance imo

They have slick technology, maybe slick is not the right word - interesting, useful, can save some money if implemented - costs money to implement - technology can be sold for right price, though.

They have patents, but patent protection is far into future and costs time and $$ - also could be sold if needed.

I can't think of anything else right now.

Sorry I am being short-worded here - I'm tired.

Have a good weekend all.






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