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

To: Mani1 who wrote (3536)	3/16/2000 6:00:00 AM
From: Fred Fahmy	Respond to of 3645

Mani, These are some of my favorite points from the November CC. Keep in mind that these comments were made just 90 days before the truth was revealed by management...a truth that couldn't have been further away from what they admitted at the last CC. <based on the responses he has gotten from the big OEM's, he said I am confident that they will come back, there is no doubt in my mind.> No doubt, huh? Ninety days later Agarwal said they were unable to gain back these customers. Sounds like plenty of doubt to me. <Design wins expected soon and revenue from them should come by summer. Continues to be on target.> Design wins, revenue, on target...this summer?? Ninety days later the company admits total utter failure and drops DVD all together. And this was suppose to be the great hope that turned things around near term. I am amazed that there weren't law suits based on these two misleading themes alone. I guess people just stopped caring about the company all together. Re: COHU Thanks for the idea. The quick view suggests that this one is worth more investigation. It especially looks attractive after the recent pullback. FF