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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: shane forbes who wrote (32753)6/14/1999 2:19:00 AM
From: shane forbes  Read Replies (1) of 33344
 
Plus that loud sucking sound (aka the standalone MPU biz) which accompanies each earnings release will soon go away - a very good thing. You can think of the old valuation as being:

something for the analog biz MINUS something else for the standalone MPU biz. This 2nd term is what gave the shareholders a share price of $10 and a long-running case of diarrhea.

The new valuation gets rid of the obscenely large 2nd term - it is up to the investors and pundits to figure just how large this 2nd term is and incidentally, taking into a/c the recovery in the semi biz, how large the first term should NOW be.
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