Neomagic Corp. (NMGC) Message Board

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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: Taro who wrote (2544)	2/17/1999 11:59:00 AM
From: vincenzo	Read Replies (1) of 3645

Taro - Nothing will different this time, and I agree the stock is cheaper on relative terms than it has ever been. The stock will base around this level and then run up to about $20 where anybody who knows anything about this stock will dump their shares and wait for it to drop again. Like the ebb and flood of the tides, Neo will cycle in majestic waves which never break over the breakwater. I have been wrong twice about Neo moving to a higher trading range and it has cost me both times. BUT, I still believe that the undertakers have arrived too soon for this stock. Tomorrow, Neo will report earnings of over .34/share beating Dell's measly .31 by more than 10% and I belive Neo has better earnings growth prospects than Dell does going forward. It may not become apparent to the street until the reality of it slaps wall street on the face. The baby ain't died, she just fell over, she be dancing again. The maggots that feed on death will have to wiggle real fast not to get stepped on. dnai.com vincenzo

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