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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.00730-43.4%Nov 7 9:54 AM EST

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To: SIer formerly known as Joe B. who wrote (3507)2/18/2000 5:26:00 PM
From: Mani1  Read Replies (1) of 3645
 
Former Joe Re <<management seems above par with technology
but maybe they need to bring a numbers guy instead of a tech guy to be CEO.>>

Are kidding?

They designed a chip which can not be manufactured! And even if could be manufactured, no one wants it! They also royaly screwed up with the DVD stuff.

They have no product to sell and nothing in the pipeline. They could not even say what business they try to concentrate on! The CC was the most incredible one I have listened to. The $90M cash can evaporate very fast.

The only consolation to me is that Parkash Agrawal has lost more than anyone. Oh well.

Mani
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