Neomagic, an IPO Message Board

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Technology Stocks : Neomagic, an IPO

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To: JOHN CHEN who wrote (27)	3/26/1997 12:56:00 PM
From: George Clinton	of 30

Hey Rishi and Mark Cobey, my ESST friends are here!!! John Chen, Your theory stands correct. I bought in at $12, I believe the stock went as low as 11 3/8. If tech's do become weak again, I will probably try to put some sort of stop order and take a small profit. I will rebuy later on. I too have been watching YURI Systems and Cienna. I saw CIEN go all the way to $40 and then back to $28 within a few days. I just have one question to ask. NMGC opened up at $15. Then the stock fell with weak techs. Do you feel those who had at IPO price sold out already? Another thing. It seems that this stock "wants" to go up. Even if the NAsdaq is unchanged there is strong buying pressures. Doesn't this bode well for the stock? George Clinton

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