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: Mani1 who wrote (3561)	3/21/2000 6:01:00 PM
From: Fred Fahmy	Read Replies (1) of 3645

Mani, Excellent posts. It is clear that some people have not done their DD. Even a 30 minute overview would tell a prospective investor that NMGC's problems have just started. The real financial pain is in the future that Newman is betting on. NMGC's tried to leverage their technology and bet their future on a couple of products (acutally DVD never even made it to the product stage) that have ended in disaster. It's hard to believe that people invest in a company simply because it has already gone down and currently they have cash. Any guesses as to what their cash position will look like in a few quarters...<g>....obviously a lot lower. Despite Newman's no-substance cheerleading, I'm sure there are prospective investors who do appreciate input from people much more knowledgeable about the company and management. Good luck, FF

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