Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?

To: SIer formerly known as Joe B. who wrote (3102)	7/9/1999 10:44:00 AM
From: AV8R	Read Replies (1) \| Respond to of 3645

Agree, nice activity today, in @ 9 5/8, very limited downside risk with plenty of upside potential!

To: SIer formerly known as Joe B. who wrote (3102)	7/9/1999 10:49:00 AM
From: jgideon	Read Replies (1) \| Respond to of 3645

Unless they established a recent short position, this isn't short covering. Not many shares short at the last report. Only 360 thousand, down from 4 million in January. This doesn't look like short covering. This is 1 million volume in the first hour. In fact, the drop in the short position was one reason I averaged down at 8 a month ago. Still don't see any news to cause such a jump. But the stock has been jumpy of late anyway. Looked like MMs could bring it up to 8 1/2 or down to 8 on a moments notice. jg