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

To: Jeff Patten who wrote (27011)	6/2/1998 9:09:00 AM
From: Steve Morytko	Read Replies (1) \| Respond to of 33344

Until INTC is no longer perceived to be a bellweather stock I expect virtually all semi stocks to be affected by their woes - NSM included - whether they deserve to be or not. Don't expect NSM to do well just because INTC has trouble and I do think INTC stock has trouble because of margin pressures. INTC could cut prices drastically in a heartbeat. The stock might get hammered but it might also be a good business decision in the face of severe competition (should it appear). I'm not an INTC fan, in fact I'd love to see NSM do well (after I get in at 12?), but the reality is that NSM has their own set of significant problems. Reading here and elsewhere it's apparent that the semi companies are a VERY complicated business to run with an incredible number of variables. Strong market share, brand name, and tight management count for a lot and it often takes a long time to bump the market leaders down a few notches. Perhaps the best strategy with NSM will be to try to take advantage of an oversold condition while the market itself is seasonally tanked (techs aren't there yet - IMO). I don't expect the fundamentals on NSM to change for 6+ months. There may be plenty of announcements but until they deliver and demonstrate they're getting market share and making money, NSM appears to be a trading game. My $.02.