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


To: E Newman who wrote (3564)3/22/2000 5:40:00 PM
From: Mani1  Read Replies (1) | Respond to of 3645
 
Re <<they are taking the necessary steps to straighten things out.>>

What steps are those? Do you know? Even the company does not know. They are already late with their restructuring plans. Again I ask you, What steps is the company taking to turn this free fall around????????

The company has already said that they will lose money starting this quarter, even after the restructuring cost. They said they will lose money for the entire year. They do not have a product. The pipeline is empty. Of course this does not mean anything to you since the price is so low and they have cash in the bank.

I am tired of this and let you have the last word if you want, I already know what it will be. If you want to stick your head in the sand, be my guest.

Mani