Neomagic Corp. (NMGC) Message Board

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Technology Stocks : Neomagic Corp. (NMGC)

NMGC 0.00755

+0.7%

Dec 17 1:51 PM EST

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To: AJ Berger who wrote (3217)	7/20/1999 10:10:00 PM
From: Mani1	Read Replies (2) of 3645

AJ Re <<Considering he's posponed a price target until the rest of the World learns more about what NMGC's up to next month, I doubt Brian has ANY insight into NMGC beyond covering his own ass, and Preferred Capital's accounts.>> Maybe, maybe not. He may have got some info pointing to increased output at Neo's foundry or similar news. Or perhaps he got a heads up pointing to a design win from a digital camera OEM. Who knows. I suspect that we will hear positive news at the next CC if not sooner via a press release. Considering the info we got with regard to the manufacturing issues, right now would be about the right time for those problems to have worked themselves through. Neo continues to be very active in the R&D front which would once again put them a step ahead the competition once the manufacturing issue is dealt with. NMGC at $10 per share is very cheap, I think it will be north of $40.00 within 18 months. Mani

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