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


To: Return to Sender who wrote (3532)3/15/2000 9:01:00 PM
From: Fred Fahmy  Respond to of 3645
 
Sender, re: SBSE

Thanks for the TA reading. I actually thought about adding today, but didn't pull the trigger due to the general ugliness of the Naz.

I'm not a TA guy but doesn't 43 or so look like a support level? I was going to see if 43 held.

IMO, here are some of the key value measures:

trailing P/E around 20

price/book value=3.4

price/sales=2.6

ROE=17.6%
ROA=14.8%

NO DEBT

Forward P/E (based on next year's projected earnings) = 15.6

This seems very cheap for a company with their growth track record.

In addition to their recent communications design wins they just acquired a private SDL company which should help expand their customer base.

FF