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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.00730-43.8%Nov 7 9:54 AM EST

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To: wily who wrote (2462)2/3/1999 11:26:00 PM
From: Fred Fahmy  Read Replies (2) of 3645
 
wily,

I'm sorry, you're right. The 256 (not 128) Neo graphics in being used in some of the Dell notebooks. BTW, I am referring to the latest Dell catalog I received today. It has the Neo 256AV AGP video for the Inspiron 3500 series (3 models). However, the 7000 premium series Inspiron's (4 models) all use the 2X ATI Rage LT Pro video. I think the key point is that ATI is coming from nowhere in the notebook industry and stands to gain share, some of which will undoubtedly come at Neo's expense.

The best chance/hope (and what I am trying to decide) is that cautious forward looking statements are being built into the price right now. The small caps just never seem to be able to get a fair valuation, unless they are internet related and losing money <gg>. Even a 19% growth rate vs. 30% would be tremendous for a stock valued as low as NMGC.

I've seen too many of these small caps remain undervalued and unpredictable despite strong fundamentals. That's why I am treading with caution here. Right now, it still looks like a falling knife and this is with the NASDAQ going up. What happens if the NASDAQ takes a week off??

Good luck to all,

FF

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