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

To: vincenzo who wrote (2514)	2/12/1999 4:21:00 PM
From: Panita	Read Replies (1) \| Respond to of 3645

Loaded the truck. Back in NMGC at 3:59 p.m. EST at 13 1/2. Thanks to the seller. I entered my buy limit order at 13 3/4; it filled at 13 1/2. Those MM are a bunch of jerks lowering bid ask when the market was coming back in this case it worked in my favor. Have a great weekend!

To: vincenzo who wrote (2514)	5/11/1999 2:31:00 PM
From: SIer formerly known as Joe B.	Read Replies (1) \| Respond to of 3645

Edelstone again: Neomagic -2: Morgan Stanley Cites Near-Term Earnings Risks Dow Jones Newswires NEW YORK -- Morgan Stanley Dean Witter analyst Mark Edelstone downgraded his rating on Neomagic Corp. (NMGC) Tuesday, citing the company's near-term earnings risk. In a research note, Edelstone said production constraints and competition will impact Neomagic's near-term earnings results. "We believe the company's inability to access leading-edge DRAM capacity has enabled some competitors to cut into its technological lead, which will likely lead to a more aggressive near-term pricing environment," he said. As a result, the analyst trimmed his earnings projection for fiscal 2000 ending in January to $1.25 a share from $1.45. Even though Edelstone expects the company to meet analysts' consensus estimates of 34 cents a share for the first quarter ended in April, he anticipates that analysts will pare down their fiscal 2000 projections following the quarterly report, which is scheduled for release May 20. According to First Call Corp., a consensus estimate of analysts currently puts the company's fiscal 2000 earnings at $1.41 a share. Shares of Neomagic, which makes multimedia accelerators for use in notebook PCs, recently changed hands at 9 5/8, down 1 1/2, or 13.5%, on Nasdaq volume of 2.4 million shares compared with a daily average of 779,600.