sw, NMGC - SAN FRANCISCO, Feb. 4 /PRNewswire/ -- The following is being issued by
Preferred Capital Markets, Inc., a member of the National Association of
Securities Dealers, CRD number 10993:
Preferred Capital Markets, Inc, a brokerage firm servicing both
institutional and individual investors with a focus in technology,
telecommunications and medical technology today reiterates NeoMagic
(Nasdaq: NMGC) with a Strong Buy rating and a 12-month price target of $30.
Equity Analyst Brain Alger has published a comprehensive Morning Note on
NeoMagic (NMGC). NeoMagic is the dominant leader in the graphics chip market
for notebook computers with 45% market share. The Company boasts the single
most integrated solution with embedded memory that requires less power and has
greater bandwidth than any other notebook solution. NMGC's ability to design
highly-integrated multimedia chips that integrate multiple functions
differentiates the company's products from its competitors'.
Preferred Capital Markets, Inc. provides proprietary research and trade
execution services on an agency and principle basis for the securities and
options markets. Clients include institutional investors, money managers,
floor traders, and high net worth individuals. For the fourth consecutive
year, Preferred Capital Markets was named to Inc. Magazine's list of the
fastest growing private companies in America. Founded in 1982, Preferred
Capital Markets is headquartered in San Francisco with offices in New York,
Boston, Chicago, Philadelphia, and Miami.
What can I say? I can't really answer that question except to say "buy low, sell high"?
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