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

To: Eddie Kim who wrote (2234)12/16/1998 6:32:00 PM
From: James Wright  Read Replies (1) | Respond to of 3645
 
Eddie --

I decided to sell on the strength yesterday based on the belief that the low volume during the rise meant that the upward momentum could not be sustained. I also took advantage of yesterday's general market gains to take profits on a number of other holdings.

Unfortunately, I think the general market is facing tremendous downward pressure based on the impeachment and Iraq. I expect to re-enter NMGC, however, at some point.

-- Jim


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