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


To: Mani1 who wrote (3552)3/21/2000 8:11:00 AM
From: P.M.Freedman  Read Replies (3) | Respond to of 3645
 
Getting rid of the old CFO was a right thing to do for NMGC. She worked for S3 and managed the company down three years in line and so did in NMGC. The acquisitions she did and the hedges of Japanese yen during her period in NMGC shrank the earnings of the company a lot. The poor NMGC was too late to find how stupid its CFO were.



To: Mani1 who wrote (3552)3/21/2000 3:27:00 PM
From: E Newman  Read Replies (2) | Respond to of 3645
 
Well to you it might be nothing.
But to institutions and value players such as me,
It means a lot. I have had great returns investing in such companies from VVTV at 4 HMK at 6 COMS at 24 and the last was XRX at 21.12.

The people that make money are the ones who buy when people like you are selling.

Remember the market is about the future not the past.

We all know the past about this company; they are working to change that. The key to remember is that Institutions control a big portion of the stock and they have the last say.

They will not sit idle and let management continue like they have done in the past.

Patience is the key.
I also suggest you sell and leave
I don't think you add anything with your countless negative posts.