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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: Eddie Kim who wrote (2472)2/5/1999 1:05:00 AM
From: michael katz  Read Replies (1) of 3645
 
Curiouser and curiouser...

Neo almost appears to have become a contrarian play. If the Nasd falls people need a place to put their cash. Why not a stock trading at half its conservatively estimated growth rate with earnings coming up and a history of beating for umpteen quarters in a row. Besides I think I heard the thud of the elevator as it hit the ground. I hope there is no basement in this building. The 12-13 range seems to have caused some resistance in the past if I recall correctly. Hope the trip up is not woefully short.
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