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: David Metz who wrote (2621)	2/22/1999 8:34:00 PM
From: shk	Read Replies (1) of 3645

I think the drop today was in the wake of today's two announcements by IBM (embedded DRAM technology) and ATI. The stock would have dropped some whenever two such announcements came out. But, coming right after Dan Niles downgrade and misreporting an earnings miss, the loss was much worse. I don't have the expertise to evaluate how serious the IBM and ATI announcements are in the longer term for Neomagic's market share. Does anyone have thoughts on this?

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