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

To: Fred Fahmy who wrote (2747)4/2/1999 2:04:00 AM
From: Marc Wester  Read Replies (1) | Respond to of 3645
 
I've seen plenty of companies like NMGC. If they can produce earnings/revenue growth like they've done in the past then all of sudden one day you'll see analysts tripping over themselves with praise for NMGC. Until then its going to stay stuck at current levels. Wall Street likes what they think is a sure thing. That's why they recommend stuff like CSCO, INTC, MSFT regardless of the value.



To: Fred Fahmy who wrote (2747)4/2/1999 2:06:00 AM
From: Mani1  Respond to of 3645
 
Fred Re << Hopefully, the surge means that sellers are drying up and when someone wants to get a large volume, the price goes up.>>

Yes, considering that the late pop today was on a light volume, this may indeed be the case.

Re <<If stocks like AMD can trade at 15, this stock should be trading at 50 <gg>.>>

LOL, I also hold AMD, don't even get me started there, :-)

Mani


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