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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.01000-36.7%Jan 20 3:49 PM EST

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To: Taro who wrote (2248)12/22/1998 10:18:00 AM
From: vincenzo  Read Replies (2) of 3645
 
Taro - Neo is one of the best managed small companies I know of with no bullshit, conservative folks at the helm. My impression of Frank Lin of Trident, in contrast, is that he is very much a spin man. I do not really know the details about Neo's patents, but I will bet you a dollar and a quarter that they are rock solid and Frank is pissing up a rope.

I am out of Neo as of this morning, however: The SOX failed to break through 360 and went into a tail spin. Sure looks like it formed a double top formation. Short term I think this is bad and Neo will retest the bottom of the channel at 20 1/2.

vincenzo
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