Neomagic Corp. (NMGC) Message Board

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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: Jatin Kadakia who wrote (3544)	3/18/2000 12:05:00 AM
From: Return to Sender	Read Replies (3) of 3645

We already know that things don't look good for NMGC. It is an uncomfortable situation and no one wants to take the blame for finding this company uncompetitive in a very good market for the Semiconductor Sector. Now that the CFO has left I would not be surprised at all to see further defections. The thing is that what you now have is a situation where investors can start to look forward to those who are brought in to right the ship. I am not married to the stock.... I am merely telling you that I expect these things. It's basically a non event because the cash in the bank is more important than the CFO who just left. Heck these people failed you as an investor. Why should I want them to hang around. Why would they want to stay if they really have other interests to attend to in life? NMGC has plenty of cash in the bank so they need to spend a little to bring someone in with a real vision of the future. When quality new management members are announced then the stock will have a chance to really rise. RTS

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