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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (2823)2/13/1999 8:21:00 PM
From: Stock Watcher  Respond to of 52051
 
Bill; on NMGC; thanks for the detailed post. Everything looks great fundamentally, but not technically. The stock is still trending down because it hasn't established a firm base @ $11.00.

I'm watching this one closely. After it "double-bottoms", I'll feel much better.

Until someone can give you a specific answer as to why the stock tanked from $21.00 to 10.50, I'd be a bit hesitant to be a buyer.

You may want to check Yahoo Finance for upgrade/downgrade history.

There's something not right with this financial picture. I would guess, they've either lost a client or their one big product (an accelerator) is about to face some competition.

From what I understand, NMGC is a one product company with 4 major clients (one of which is HP); LOL, regards, sw



To: Bill Fortune III who wrote (2823)2/14/1999 1:55:00 PM
From: Andrew H  Read Replies (2) | Respond to of 52051
 
I'll second NMGC, Bill. I have been watching this company for about 6 months and could never understand why it was so cheap--should be selling for at least twice the current price--growing revenues and earnings rapidly, altho it looks like those growth rates will be slowing a bit.