Neomagic Corp. (NMGC) Message Board

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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: SIer formerly known as Joe B. who wrote (2298)	1/9/1999 8:22:00 PM
From: vincenzo	Read Replies (1) of 3645

Joe - gosh, TALK is cheap! Maybe they should call the site www.stockinflator.com drsvelte - This baby missed out of the starting gate this year but I expect things to warm up as we get closer to earnings. Neo's news announcement a few days ago about hitting the 10 million chip mark in November was intended to convey to the street that sales are going strongly this quarter. Some other industry suppliers are just starting to report blow-out earnings this quarter (see HTCH, consensus .17, actual .52) and Intel of course has indicated that forecasts were low and sales are booming. The new tax year selling pressure will abate shortly I imagine, just as the anticipation of Neo's earnings announcement starts to mount. I believe a new all time high is inevitable in the next month or so if the market stays the course. Of course my enthusiasm has shown to be sometimes premature. Something my wife has learned to come to grips with. vincenzo

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