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Technology Stocks : NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: Robert Scott who wrote (279)12/10/1997 3:03:00 PM
From: Jerome   of 280
 
Your long term opinion may be correct. But I view yesterdays sell off as a dramatic overreaction. Have you noticed that when an analyst dislikes a stock they will fing some technical reason to discount a good earnings report and foreward looking statement. NSM is now my largest position , AMAT is my second largest. I would expect that if
the thousand dollar computer becomes as ubitiquous as the microwave
NSM stock could easily double or triple in the coming year. According to the WSJ, an analyst was concerned that Cyrix's losses would be a drag on NSM's earnings in the future. No consideration was given to the prospect that NSM would restructure Cyrix to their business model
ans make Cyrix a revenue and profit generator. Just my opinion, and if you have any insights into NSM's prospects please post them.

Good Luck,......Jerome
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