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


To: TechJustice who wrote (2561)2/18/1999 6:59:00 PM
From: vincenzo  Read Replies (2) | Respond to of 3645
 
Neo's direction tomorrow depends heavily on how the conference call goes. Good prospects going forward we go up. If next quarter looks weak or they guide the analysts lower in forward estimates we stall or burn.

Since there was no expectation of a downside miss and there wasn't, and there was some expectation of a positive surprise and there wasn't there's no boost in the earnings number. Unwrapping the new products for a little peek will either excite or scare the hell out of everybody or both. Shit-I don't know where to roll this pile of dung or whether it will roll over me.

I'm clearly disappointed that the monkeys beat the dung beetles on the earnings estimates this time. Since I've been involved with this stock, the beetles have beat the monkeys 4 out of 5 times. This is the first time the dung beetles got shit on their face.

Oh well, even monkey's get lucky sometimes.

I suspect that the yen took a little bite out of margins this quarter. Hopefully, next quarter it will go the other way.

I think I'll go listen to that conference call and see if I get any premonitions on tomorrow's action. I expect the pot will be stirred a bit tomorrow.

vincenzo