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

To: David S. who wrote (613)	3/16/1998 2:23:00 PM
From: Solid	Read Replies (1) \| Respond to of 3645

David- There are plenty of us who are impressed with Neo, as are you. The issue is that there are also many more impressed with: Intel, the 800 lb. gorilla, who wise, cuurently competitive or not caries a lot of mass; possible down turn in Neo's current quarter earnings ( I spoke with a Neo exec., who consciously or as a slip of the tongue stated that this quarter may not be up to snuff...'hmmm thinks I') And 'the biggie' for me is why the H#%$ isn't it blasting off right now on the news today? The exec. also alluded to me that Toshiba is not in the bag, but still in the bush, except for Libretto. For me, I bailed this a.m. and am glad to have not lost on the experience. I'm in again when things look a little more clear, or are a screaming bargin. 'Life is like honey that we lick from a thorn.' Good luck. Solid

To: David S. who wrote (613)	3/16/1998 3:35:00 PM
From: Panita	Respond to of 3645

David, Solid called it correctly. Yes,I like NMGC and Yes I think it has potential. But when PR sucks, and INTC is around the corner I rather bail than see my gain bite the dust. In the past I have made the mistake of holding on to a stock when the sell signs were clear. If NMGC can't jump the $ 20 hurdle after the Toshiba news hit the street, I am not willing to hold it. So I sold and may buy again below 18 or after the INTC announcement. If not there are always other fish to fry Happy Investing