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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.00730-27.0%9:54 AM EST

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To: wily who wrote (3530)3/15/2000 8:43:00 PM
From: Fred Fahmy  Read Replies (2) of 3645
 
wily, Re: ENER???

<The stock can be had cheaply now>

Cheaply??? Trading at 20X book value and 10.5X sales is cheap? ENER may indeed end up making money and being a great stock, but no one would classify it as a "value stock" given the multiples above combined with a huge negative return on equity (-76%) and a huge negative return on assets (-46%).

I would classify ENER as a speculative play not a value play.

FF
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