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

To: naglies who wrote (2432)	2/2/1999 1:03:00 PM
From: Gauguin	Respond to of 3645

Buying at whatever judicious points one is comfortable with, I can go with. Do. What I don't understand is where the shares come from ~ that is, who bought NMGC, is holding it and decides to sell in this trough. That's the mysterious thing. Unless they bought in October, on the days it closed lower, they're selling at a loss. They bought higher without being prepared, I guess. And held it the way down and then decided to dump it? There comes a point in a trough where the best thing to do, the best short-term you can make, is to leave it alone. Leave the stock there. Go buy a soda. Read the magazine. Sometimes I watch this stuff and worry about people I don't know and can't see. Of course, they'll be laughing if Neo goes belly up, but I don't think that's very likely. Not very likely at all. So then, if they can't see that, don't do their research, maybe they deserve it. Yah. That must be it.