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


To: AJ Berger who wrote (3226)7/23/1999 4:53:00 PM
From: Mani1  Respond to of 3645
 
AJ, Re <<If they do announce good NMG6 progress, then I still would be reluctant to buy until we learn of the industry desire for this product.>>

According to the CC, Neo would have customers taking its new chip as soon as they would be available. I think that Dell wanted them for their new 15" laptops but unfortunately they were not available.

Also "manufacturing problems" effected the 256 chip more than anything. NeoMagic admitted that they would be at list 200K short of meeting the market demand this quarter.

If the manufacturing issues have been solved, it is a very big positive for the stock and it should move it substantially higher, regardless of the market acceptance for their new NMG6 chip.

Mani