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

To: AJ Berger who wrote (3188)	7/13/1999 10:06:00 PM
From: Mad2	Read Replies (1) \| Respond to of 3645

Careful, NMGC has projected flat demand and a steep decline in margin for this quarter. from my calculations that puts them at .08/share for their fiscal 2nd quarter based on information released on 5/20. Thus the p/e of 10:1 is based on trailing earnings that are history for now. biz.yahoo.com For the second quarter of fiscal 2000, the Company's current expectations are: * Revenue of approximately $60 million * Gross margin percentage of approximately 30% of revenue * Operating Expenses of approximately 25-26% of revenue * The tax rate to remain at an effective rate of 30%. Admittedly they indicate their new production capacity for the 256 from Seimans to be on line by their fiscal 4th quarter (ending jan 2000). Best Regards, Mad2