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

To: Scott Moore who wrote (2612)	2/20/1999 9:25:00 PM
From: A. Wayne	Respond to of 3645

I think part of the current quick and violent sell off is due to the momentum assholes. If you look at something like VectorVest, they give NMGC a value of $32, with a sell recommendation. That's because the current, immediate trend is down. That's the momentum traders dream. Doesn't matter how the company is doing or what it's worth. Once these momentum jerks finish, there is the possibility for the stock to return to its true value. Just another piece of the puzzle, maybe. Wayne