Neomagic Corp. (NMGC) Message Board

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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: Return to Sender who wrote (3528)	3/15/2000 7:44:00 PM
From: Fred Fahmy	Read Replies (1) of 3645

Return to Sender (OFF-TOPIC)- Do some research on SBSE. It sold off sharply today in the Naz fall and I believe represents excellent value at these levels. An impressive 5 year track record of both earnings and revenue growth. Much of their business use to be space and defense related but they have been trading that in for more communications business. They had 14 new design wins last quarter alone, 8 of which were in the communications sector. The biggest problem (if you can call it that) is that the stock is not well known (at least not yet). RSYS is a competitor and look at the valuation it receives for prospects not any better. I bought SBSE at 22 in the fall.....until the last two days it had been consolidating in the low 50's. This sell-off (based on nothing) presents a buying opportunity IMO. It may go down a little further but I think it is worth monitoring. I may add a little myself. If you get a chance to do some homework on this one, I would like to hear your feedback. Good luck, FF

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