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

To: Eddie Kim who wrote (2663)	3/3/1999 9:44:00 PM
From: Mad2	Read Replies (1) \| Respond to of 3645

But they didn't and thats the point. This is a story of declining margins and slowing growth rate. These two factors portend trouble for NMGC with profitability. Add to the mix disturbing news from the PC mfgr's and you have NMGC's problem. I like NMGC and find it a interesting company, yet I'm on the sidelines (don't like the near term for this market). Should the market correct a bit and PC makers take more gas, I suspect NMGC may get cheaper. Damn problem is with Y2K sucking up IT dollars, things like PC's and laptops in non-essential areas will get shelved.