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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 235.64-3.4%Nov 24 3:59 PM EST

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To: Stock Watcher who wrote (2636)2/11/1999 1:09:00 PM
From: Jerry S.  Read Replies (1) of 52051
 
sw, *NMGC* - float 17M, p/e 12, 9 mos '98 sales +100%, income +76%

Earnings due 2/18, street expects .34 eps, whisper is .37, and I've heard rumors of up to .42; last quarter was .33

The company makes multimedia chips for notebooks and has a 55% market share

This stock, although on a down trend, has a history of moving on good earnings and I expect the same here. Great buying op right now in $14's; I'm looking for $17's or better next week. Short interest had grown of late due to big rise in Nov. & Dec.; I think they'll start covering soon. Maybe a candidate for the index?
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