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

To: Fred Fahmy who wrote (3435)	11/18/1999 12:41:00 PM
From: G. H.	Read Replies (1) \| Respond to of 3645

Well boys, I turned short term this A.M. and bailed, best of luck to everyone here. I believe you will have to wait until Q-3 for improvements. Later Henry

To: Fred Fahmy who wrote (3435)	11/18/1999 12:49:00 PM
From: Mani1	Read Replies (1) \| Respond to of 3645

Fred Re <<Don't you think the "negatives" are already in the estimates for the next couple quarters? Zack's mean estimates for the next 3 quarters are .12, .11, .11.>> No. NeoMagic will not earn .12 next quarter. I would expect them to earn about 0.05 and the estimates will surely come down over the next few days. But it almost sounds like a given that .16 for Q3 is too low. For Q4 I would not be surprised to get 0.40 or higher. This stock will move up, the short term drop was expected IMO. Mani