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


To: Mani1 who wrote (3353)9/23/1999 4:49:00 AM
From: Fred Fahmy  Read Replies (1) | Respond to of 3645
 
Mani,

I thought you were an AMD investor. You should be more than use to this type of frustration <gg>.

I think within 12-18 months we will have a very good idea of whether or not NMGC can live up to its expectations/potential, especially in the new business areas, i.e. DVD and DP (digital photography).

I continue to believe that if they execute, this stock could be a 4 bagger or better within a couple years, if not sooner. Portable devices which require low power consumption is a great field to be in. Notebooks, DVD's, DP are three of the fastest growing segments in the entire tech world. The only thing missing in more direct involvement in the communications segment.

<Patience, patience, patience.>

Definitely easier said than done...especially in this 'get quick rich' market mentality we have seen over the last few years. I once heard someone say it doesn't take a lot of brains to make money in the market....it takes a lot of patience. I think there is a lot of truth to that.

What really surprises me is that no-one (or maybe they have and we just don't know about it) has tried to make a play for NMGC. I can think of several players who match up well. One example is ATI....if they bought NMGC, they would own virtually the entire notebook segment (except the very low end) and they could expand their business beyond purely graphics. Perhaps they want to just stick with graphics?? It seems to me that at these prices, other tech companies would be drooling over the prospects of owning NMGC's technology. The mobile segment is going to be huge in coming years. IMO, mobility and E-commerce are going to be the two biggest fundamental driving forces in the technology revolution for many years.

Oh well....as you said...patience.

FF



To: Mani1 who wrote (3353)9/23/1999 7:31:00 AM
From: Mad2  Respond to of 3645
 
Mani, don't forget your worst trades become your best longs.
Best Regards,
Mad2