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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.0158+58.0%11:22 AM EST

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To: jgideon who wrote (2085)11/8/1998 6:39:00 PM
From: James Wright  Read Replies (1) of 3645
 
The ATI product was discussed during the NMGC conference call. It does not pose any threat to NMGC because it is a four chip, high power consumption product. It also will not ship until early next year. The ATI press release implies that it's product will be a single chip, like Neo's, but this is not the case.

Although I sold my entire position in NMGC the other day, I likely will buy back in sometime soon. If anything, I would love to see misunderstandings about ATI depress NMGC's price so I can pick up the stock again at a discount. However, I have absolutely no worry about the ATI product -- it simply does not even come close to what NMGC offers and is technically inferior.

-- Jim
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