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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (15502)3/5/1999 3:35:00 AM
From: Junkyardawg  Respond to of 90042
 
DD:

Ticker: NMGC

52 Wk Low: $10.50
52-Wk High: $23.75
02/26/99 Price: $10.88

Wall Street Snapshot
Company Reports: NEOMAGIC CORP

NeoMagic Corp. designs, develops and markets multimedia accelerators for sale to
notebook PC manufactures. Multimedia applications require the storage, processing
and display of enormous streams of data. As a result, multimedia PCs have evolved
to incorporate higher capacity storage and system memory, faster microprocessors,
improved specialized multimedia accelerators and higher quality displays.

Mkt Cap: $269.7 mm
Shrs Out: 24.8 mm
Float: 17.1 mm
3-Mth Ave Vol: 785 k
10-Day Ave Vol: 1,252 k
Insider Own: 31.1 %
Inst Own: 61.2 %
Short Int: 3.8 mm
P/E (ttm): 9.1

Number of Brokers Recommending (03/01/99)
Strong Buy 2
Moderate Buy 2
Hold 1
Moderate Sell 0
Strong Sell 0

News:
biz.yahoo.com

Insider:
biz.yahoo.com



To: Junkyardawg who wrote (15502)3/5/1999 3:38:00 AM
From: Junkyardawg  Read Replies (2) | Respond to of 90042
 
Thursday March 4, 3:21 pm Eastern Time
Company Press Release
SOURCE: NeoMagic Corporation
NeoMagic(R) Multimedia Accelerator in Toshiba's New Ultra-Thin, Ultra-Light Portege
Newest Portege Pairs Intel 300MHz Pentium With MagicGraph(R)128XD for Fast, Unparalleled Online Experience
SANTA CLARA, Calif., March 4 /PRNewswire/ -- - NeoMagic Corporation (Nasdaq: NMGC - news), the pioneer of embedded memory and logic technology, announced today that the Computer Systems Division (CSD) of Toshiba America Information Systems, Inc. (TAIS) is using NeoMagic's MagicGraph128XD multimedia accelerator in the new Portege 3020CT and 3025CT notebook PC models. The newest 300MHz Pentium Portege is three-quarters of an inch thin, weighs 2.9 pounds and has nearly four hours of battery life. Earlier Portege models, announced in November 1998, and chosen as PC Computing's 1998 MVP Product of the Year and PC Week's 1998 Best of Comdex, also incorporated NeoMagic's MagicGraph128XD accelerator.

''The ultraportable category is now going mainstream and requires performance and multimedia capabilities just like the full-function notebooks,'' said J. Gerry Purdy, PhD, President and CEO of Mobile Insights, a market analysis and professional services firm in Mtn. View, California. ''NeoMagic's design win with the Toshiba Portege demonstrates that rich multimedia performance is now available for this important growing category of portable PCs.''

''In the new ultraportable Portege, Toshiba's engineering expertise has brought together incredible technology in a truly thin and light portable PC,'' said Ron Jankov, senior vice president and general manager of NeoMagic's Multimedia Products Division. ''The processing might of the 300MHz Pentium processor coupled with the exceptional multimedia capabilities of the NeoMagic accelerator deliver the performance for exceptional online images and video with true-to-life colors in this ultra-thin, ultra-light notebook,'' he added.

About NeoMagic

NeoMagic Corporation, based in Santa Clara, Calif., is the first company to pioneer the integration of DRAM, complex logic, and analog circuits into a single chip. The company's proprietary MagicWare(TM) technology eliminates the need to drive signals off chip to discrete memory. NeoMagic's embedded approach achieves its performance advantage while actually lowering power consumption and extending the battery life for smaller, lighter-weight portable computers. NeoMagic Corporation has been awarded honors by the Fabless Semiconductor Association for the past three years: In 1996, as the industry's ''Most Respected Private Fabless Company;'' In 1997 and 1998, as the ''Best Financially Managed Fabless Company.'' NeoMagic may be contacted on the World Wide Web at www.neomagic.com or at 408-988-7020.

NOTE: Toshiba and Portege are trademarks of Toshiba America Information Systems, Inc. Pentium is a trademark of Intel Corporation. NeoMagic, MagicGraph, and the NeoMagic circle logo are registered trademarks of NeoMagic Corporation. MagicWare is a trademark of NeoMagic Corporation. All other trademarks are the property of their respective owners. NeoMagic disclaims any proprietary interest in the marks and names of others.

SOURCE: NeoMagic Corporation