Neomagic Corp. (NMGC) Message Board

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Technology Stocks : Neomagic Corp. (NMGC)

NMGC 0.0149

0.0%

12:37 PM EST

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To: Bill Fortune III who wrote (2679)	3/5/1999 6:34:00 PM
From: Mani1	Read Replies (1) of 3645

Wow two consecutive up days, can some one pinch me :-) OK, it also happened to be two huge day for wall street as well, but I gladly take it. $1500 to $1200 laptops as well as slim ones are the fastest growing segments at about 20% annualy. Neomagic is gaining "unit" market share while maintaining the current "revenue" market share. ASP are decreasing but so are the cost, so the margins should stay about the same. Thus earnings should increase at 20% annualy just from the notebook business. That alone make NMGC with PE of <10 very cheap. I am confident that we will be fine as we get through the current product transition cycle and upcomming design wins/decisions. Potential DVD and digital camera markets are further icing on the cake (a very thick layer :-) Have a good weeknd and good luck to all the longs Mani

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