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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.010000.0%Oct 31 11:49 AM EST

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To: Mad2 who wrote (3615)9/5/2000 3:18:39 PM
From: Eddie Kim  Read Replies (2) of 3645
 
Don't follow NMGC too closely do you?

NMGC stopped making graphics chips several months ago. What they are selling now are chips they have in storage. It's a no-brainer that SONY would stop using NMGC since they will run out of chips in several months time.

NMGC experienced a nice revenue surprise this past quarter due to an increased demand for its chips. I'm guessing SONY was buying all the chips they could get before the supply ran out.
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