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Technology Stocks : Neomagic Corp. (NMGC)
NMGC 0.0149+15.1%Jan 30 9:30 AM EST

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To: James Wright who wrote (2649)3/2/1999 7:15:00 PM
From: Eddie Kim  Read Replies (1) of 3645
 
Let's keep some things straight here:

1) Who knows when IBM will release this product. NMGC only announces when products are shipped.

2) 256 3D/DVD chip will be out this summer

3) Notebook market will grow 20%. NMGC continues to gain market share.

4) ATI is in high end market. NMGC never was in this market. Also, according to NMGC, this market is shrinking.

5) TRID is selling chips at in very low end market for almost not profit.

6) Intel: Everybody thought that spelled the doom of NMGC. Where is Chips & Tech today?

7) Tons of cash

8) Two new markets: DVD and Digital cameras. 5x the potential of notebooks.

With all these factors, you'd have to be insane to sell at these levels. Furthermore, if you have a couple of months/years to wait, you'd be insane not to buy. NMGC has always oscilatted up and down.
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