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


To: naglies who wrote (2198)12/7/1998 6:10:00 PM
From: James Wright  Respond to of 3645
 
Depending on how daring you want to be, a stop in the 18 to 20 range may be reasonable. This is a tough call, however. The MMs almost got me on the last dip when the market had a bad day and NMGC dropped just below 18, where I had a stop in place. Fortunately, I was able to cancel the stop just in time and NMGC then recovered nicely.

-- Jim



To: naglies who wrote (2198)12/7/1998 6:18:00 PM
From: Emilio Machado, DDS  Read Replies (2) | Respond to of 3645
 
naglies, in my opinion a stop can only have you out of position for the same reason you mentioned...please understand that this is just my honest opinion...myself,,,,i am going to let it ride,,but then again... i could be wrong..all the best,machado.



To: naglies who wrote (2198)12/8/1998 12:09:00 AM
From: Mad2  Respond to of 3645
 
Stops are helpful if you anticipate trouble nearby. The economy in the USA is doing splendid, everyone is saying good things about Semi's and NMGC earnings is 2 months off (yet should be another good one). What's going to hurt NMGC in the nearterm? No trouble, no stops.