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


To: P.M.Freedman who wrote (3591)6/2/2000 12:43:00 AM
From: Kerry Lee  Read Replies (2) | Respond to of 3645
 
I don't want to spoil your party, BUT things are likely to get much WORSE for investors before they get better. Why? Check out AKLM which is now fighting to maintain its Nasdaq listing. One of Nasdaq National Market Listing requirements is a stock price above $5 for 30 consecutive days. Don't be surprised if NMGC's $2-3 stock price leads to a demotion to Nasdaq small cap exchange which will reduce liquidity further. Sounds to me like NMGC is dead money for at least 6 months. Anyone have a different opinion?