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


To: Peter V who wrote (2207)12/8/1998 2:26:00 PM
From: James Wright  Respond to of 3645
 
NMGC is featured in today's Investor's Business Daily on The New America page (A4). It's a great article.

Here are a few highlights:

-- Although NMGC shipped 8 million of its 128 bit chips over the last two years, it shipped 2 million of its new, higher margin 256 bit chips in just the third quarter!

-- The new 3D chip is about to add to the bottom line.

-- NMGC is moving into consumer products such as digital video disc players, digital cameras and camcorders. According to NMGC President Agarwal: "We are talking about a $2 billion market opportunity."

-- Jim