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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.00730-43.8%Nov 7 9:54 AM EST

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To: Return to Sender who wrote (3543)3/17/2000 9:43:00 PM
From: Jatin Kadakia  Read Replies (1) of 3645
 
RTS,

I am not sure why you believe it is good or neutral. CFO jumping the ship is hardly welcome news. Even Citicorp needed damage control Ms Miller left. It is widely assumed that CFO is the person closest to the company books and when he leaves, he is smelling something. I am not sure who this consulting CFO is. That to me is also not so good. I guess I will wait til Monday to see how street reacts to this. Any sign of disappointment, I will be a seller. I think NMGC will take long time to earn street respect and will have to walk the walk.

Good luck.

JK
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