To: wily who wrote (2467 ) 2/4/1999 9:57:00 AM From: Jon Respond to of 3645
Preferred Capital Markets, Inc. Reiterates Strong Buy Rating on NeoMagic February 4, 1999 09:30 AM SAN FRANCISCO, Feb. 4 /PRNewswire/ -- The following is being issued by Preferred Capital Markets, Inc., a member of the National Association of Securities Dealers, CRD number 10993: Preferred Capital Markets, Inc, a brokerage firm servicing both institutional and individual investors with a focus in technology, telecommunications and medical technology today reiterates NeoMagic NMGC with a Strong Buy rating and a 12-month price target of $30. Equity Analyst Brain Alger has published a comprehensive Morning Note on NeoMagic (NMGC). NeoMagic is the dominant leader in the graphics chip market for notebook computers with 45% market share. The Company boasts the single most integrated solution with embedded memory that requires less power and has greater bandwidth than any other notebook solution. NMGC's ability to design highly-integrated multimedia chips that integrate multiple functions differentiates the company's products from its competitors'. Preferred Capital Markets, Inc. provides proprietary research and trade execution services on an agency and principle basis for the securities and options markets. Clients include institutional investors, money managers, floor traders, and high net worth individuals. For the fourth consecutive year, Preferred Capital Markets was named to Inc. Magazine's list of the fastest growing private companies in America. Founded in 1982, Preferred Capital Markets is headquartered in San Francisco with offices in New York, Boston, Chicago, Philadelphia, and Miami. SOURCE Preferred Capital Markets, Inc