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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: Steve Porter who wrote (32221)5/11/1999 10:34:00 PM
From: Craig Freeman  Read Replies (3) of 33344
 
Steve, given today's somewhat muted response to the formal AOL announcement, it's obvious that the news has been priced into the stock. Once again, insiders are controlling the market.

Even if NSM sells 10M MediaGX chips in year one, the meager profit per chip will only compensate for a small portion of the costs of closing CYRX. TSM has said publicly that they don't want Portland so if Philips doesn't make a decent offer on the fab, by August you may look like a genius for having sold out early.

Craig
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