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: AJ Berger who wrote (3217)	7/20/1999 10:10:00 PM
From: Mani1	Read Replies (2) \| Respond to of 3645

AJ Re <<Considering he's posponed a price target until the rest of the World learns more about what NMGC's up to next month, I doubt Brian has ANY insight into NMGC beyond covering his own ass, and Preferred Capital's accounts.>> Maybe, maybe not. He may have got some info pointing to increased output at Neo's foundry or similar news. Or perhaps he got a heads up pointing to a design win from a digital camera OEM. Who knows. I suspect that we will hear positive news at the next CC if not sooner via a press release. Considering the info we got with regard to the manufacturing issues, right now would be about the right time for those problems to have worked themselves through. Neo continues to be very active in the R&D front which would once again put them a step ahead the competition once the manufacturing issue is dealt with. NMGC at $10 per share is very cheap, I think it will be north of $40.00 within 18 months. Mani

To: AJ Berger who wrote (3217)	7/23/1999 2:36:00 PM
From: Kurt M. Matis	Read Replies (2) \| Respond to of 3645

Preferred Capital Response from their website: I upgraded NMGC from Accumulate to Buy (7/20/99). I believe NMGC trades at a discount to its growth rate and the relative multiples of its peers because it is associated with other graphics chip manufacturers. The design issues that have recently plagued the stock are not related to the consumer electronics effort. Instead they relate to the production of a new graphics chip, the NMG6. In my upgrade note, I mention that I believe the production issues are nearly resolved. The firm does make a market in this stock. Brian Alger Senior Research Analyst Preferred Capital Markets