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: Mani1 who wrote (2746)	4/2/1999 12:27:00 AM
From: Fred Fahmy	Read Replies (2) of 3645

<Oh well, maybe just a mutual fund or two building a small position.> My guess too. Hopefully, the surge means that sellers are drying up and when someone wants to get a large volume, the price goes up. If stocks like AMD can trade at 15, this stock should be trading at 50 <gg>. NMGC's top and bottom line growth has been tremendous and management appears to be investing in the right new areas (i.e. DVD and digital cameras) to grow the business going forward. There is a lot of focus on R&D. The notebook market is also growing at a much higher rate than the desktop segment. NMGC's market share is outlooked (by the company) to increase again this year. This is one I am definitely willing to be patient with and see how it pans out. I'd like to add more to my position but I don't know wether to do it before or after earnings?? FF

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