Neomagic Corp. (NMGC) Message Board

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Technology Stocks : Neomagic Corp. (NMGC)

NMGC 0.0124

-16.8%

2:28 PM EST

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To: David Metz who wrote (2399)	1/28/1999 11:04:00 AM
From: vincenzo	Read Replies (3) of 3645

Edelstone states the obvious in his bogus downgrade. Neo's growth rate is slowing from 50% year over year to 30%, an expected outcome as they dominate and absorb their niche. I wonder how much money he made for his close friends with this brilliant piece of timely analysis. I also wonder how much money the smaller retail clients of Morgan Stanley lost who sold yesterday morning on the downgrade. Watching the trade ticker yesterday I again noted that the majority of large blocks (>10k) crossed on the buy side and most of the selling was small lots from freaked out retail holders. The big and the greedy continue to control this stock. Neomagic reported this morning that they have 41 design wins in new models of notebooks announced this week by major manufacturers. This clearly indicates we will see further market share penetration going forward biz.yahoo.com Don't give your shares to these charlatans at these prices my friends - load up!

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