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


To: SIer formerly known as Joe B. who wrote (2165)11/29/1998 1:32:00 PM
From: Emilio Machado, DDS  Respond to of 3645
 
joe,sorry to hear that guy..on the other issue i bought nmgc cause dean witter has a buy on it and with a target of 45.00 thus my believe that the upside potential outweights the downside ...all the best,machado.



To: SIer formerly known as Joe B. who wrote (2165)12/2/1998 7:57:00 AM
From: HEXonX  Read Replies (2) | Respond to of 3645
 
Joe ET AL. Why is it so quiet here? The market is falling back on profit taking. Neo seems to have lost it's momentum. Of course that is an automatic negative downtrend. You have to remember that the big tech stocks have hundreds of people working for them as investment relations with constant promotions. Of course you have to have something to promote. :o) I think Vincenzo is correct with the short
call. Also the end of the year is getting closer and I don't know what
that means but it should have some effect on the market.

I'm technically all cash right now. I don't know why but I am. I feel that there should be more sell offs in the next few days and even towards the end of the year. Then it should take off as the new year
comes into play. (The market that is :)

Any OT stocks that are interesting or are having a good run out there?

Cordially,
HEX