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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.00730-43.4%Nov 7 9:54 AM EST

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To: Peter V who wrote (1548)7/29/1998 5:10:00 PM
From: Panita  Read Replies (1) of 3645
 
Peter, nothing is certain BUT....

During the last 4 quarters or so NMGC started a quick move up two weeks leading to earnings. So far each one of those times the highs where achieved prior to the close on the same day that earnings were reported. Whether this will happen again I can't be sure.

Last quarter I sold before the close on earnings' day. Whether I will hold or sell this time, it depends how high we go from now until then.

With strong buys recommendations the downside risk is limited. (Unless the market crashes); the upside is considerable. (IMHO 33% easily achievable in the next two weeks)

So Vincenzo warm up the baby!
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