Neomagic Corp. (NMGC) Message Board

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Technology Stocks : Neomagic Corp. (NMGC)

NMGC 0.00730

+1.4%

Nov 7 9:54 AM EST

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To: tejek who wrote (3173)	7/12/1999 12:11:00 PM
From: Bill Fortune III	Read Replies (3) of 3645

Hi Ted and you are right. Besides stock resistance I have to believe that many of those who bought back in mid May through late June in the high $7 range are taking out profits in the 30-40% range. That by itself is putting a lot of downward pressure on the stock at the moment. Regards, Bill Fortune III

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