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: SIer formerly known as Joe B. who wrote (2945)	5/11/1999 9:32:00 PM
From: Peter V	Read Replies (1) of 3645

OK, earnings of only 1.25, and the last 12 months are 1.19, and this thing has a PE of 9.35 today. Does that seem a bit low for a chip company? Even one with flat earnings? I mean, if NMGC had big earnings growth, and traded at some enormous multiple, I can see the reason for a pull back. But they got $3 in cash!

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