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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 (2243)	12/18/1998 12:20:00 PM
From: vincenzo	Respond to of 3645

You beetles are not being that helpful here. Ahh, what can you expect from a bunch of guys who roll dung around for a living? The SOX is continuing to move with a gap up this morning. It has now moved up almost 10% from the low of 320 set a few days ago. Ultimately, I believe it will test 400 which should push Neo to a new yearly high. I really don't completely understand the SIII/Intel deal. Intel squeezed a lot of mileage from this agreement but what did SIII get - bragging rights? SIII has no chipset expertise to my knowledge so it will not lead them to an integrated chipset that quickly unless they can find a partner like TRID did with VIA. I guess it may buy them survival in the desktop arena for a few more years but it cost them basically their entire stock of intellectual property. At any rate I don't see it as having any material impact on Neo going forward anymore than who ends up as the symbolic leader of this country. Neo continues to run in a strong upward biased channel. The lower limit is currently at about 20 1/2 and the upper is 24 1/2. I will try to hold on to my newly acquired stake unless it breaks significantly out of this channel either on the upside or downside. rollin' rollin' rollin', keep those doggies rollin' - RAWHIDE!!! vincenzo