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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: William Nelson who wrote (22420)	1/4/1998 3:00:00 PM
From: The Prophet	Read Replies (2) \| Respond to of 33344

What information are you relying on when you say Cyrix processors are selling like hotcakes?

To: William Nelson who wrote (22420)	1/4/1998 3:18:00 PM
From: Joe NYC	Respond to of 33344

William, I'm new to NSM, and I wonder if there is a short answer why it has fallen so drastically? I am as puzzled as you are. THe slide in NSM from it's highs was higher than other tech stocks. Core business looks good, and Cyrix processors are selling like hotcakes now. MediaGX is selling extremely well, but 6x86MX is not doing so hot, mainly due to low clock speeds. But that has been taken care of in the last earnings announcement, with an inventory writedown. Joe

To: William Nelson who wrote (22420)	1/4/1998 4:00:00 PM
From: StockMan	Respond to of 33344

William, Re -- I wonder if there is a short answer why NSM has fallen so drastically? Its because the street realizes that NSM has no coherent strategy for addressing the "system on a chip". For one thing, this is a new market (not yet a proven concept) and could easily fizzle out. NSM will be left with that money loosing operation called cyrix. Hence the adjustment of the stock downwards. Stockman

To: William Nelson who wrote (22420)	1/4/1998 4:28:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 33344

William, Several reasons, 1. NSM took a write off for buying CYRX from this quarter. 2. The Asian situation has hit all semi-stocks with exposure in the Pac-Rim countries. 3. Funds left in Nov-Dec, to close out the books for the year. 4.Cyrx declared a loss for the quarter and took a write off for 6x86MX inventory reduction to clear the books for the aquisition by NSM. It will likely take 2-3 quarters before NSM/CYRX can get the wrinkles out of the merger and the new South Portland, Maine fab goes into a full production mode, making CYRX designed chips. Hope this helps, maybe some of the other thread members can add more of the situation as they see it. Regards, BB