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

To: Mani1 who wrote (3535)	3/16/2000 9:13:00 AM
From: Return to Sender	Respond to of 3645

Wow, there is another one that got killed yesterday. Once again on a technical basis you have a short term oversold condition brought on by the correction in the Nasdaq. The stock is set to rise strongly this morning. It's not as good a value on a traditional basis as Fred's SBSE but I can certainly see why you like the stock going forward. Using PEG is a good method of measuring a stock's future valuation based on expected growth rate. One thing to watch out for when you do this is that stocks rarely stay at PE levels higher than past highs for long. finance.yahoo.com COHU looks like another good one... especially at yesterday's prices. RTS