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


To: HEXonX who wrote (2170)12/2/1998 12:20:00 PM
From: Eddie Kim  Read Replies (1) | Respond to of 3645
 
Just sold my NMGC shares at $18 7/8 that I bought yesterday at $18. I like the company but hate this stock.



To: HEXonX who wrote (2170)12/2/1998 1:11:00 PM
From: vincenzo  Respond to of 3645
 
hex - the dung meister survived his trip and feeling cautious? I don't blame you. My short squeeze scenario depends in part on a stable or improving market. Unfortunately, it's been choppy and down the last few days.

I scurried to safety this morning at $19 after holding through earnings and even adding to my stash since. I'll be back in as soon as the weather clears but for now I'm content to watch for a while.

It may have to test $18 again, in which case I'll pounce again if the market holds ok.

All cash and cool,

vincenzo