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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: puckhead who wrote (66536)	4/6/1999 7:21:00 PM
From: GBT	Read Replies (1) \| Respond to of 119973

NMGC worth taking a look at, starting to move. biz.yahoo.com Last years numbers SANTA CLARA, Calif., Feb. 18 /PRNewswire/ -- NeoMagic Corporation (Nasdaq: NMGC - news) today reported net sales for the fiscal year ended January 31, 1999 of $240.5 million, an increase of 93% compared to net sales of $124.7 million for fiscal 1998. Net income for fiscal 1999 was $31.2 million, or $1.19 per diluted share, compared to net income of $20.8 million, or $0.82 per diluted share in fiscal 1998. Fiscal 1999 net income of $31.2 million reflected an effective tax rate of 34%, whereas fiscal 1998 net income reflected an effective tax rate of 15%. Net sales for the fourth quarter of fiscal 1999 were $72.0 million, an increase of 61% compared to net sales of $44.7 million in the fourth quarter of fiscal 1998, and an increase of 7% compared to net sales of $67.4 million in the third quarter of fiscal 1999. Net income for the fourth quarter of fiscal 1999 was $9.0 million, or $0.34 per diluted share, compared to net income of $8.2 million, or $0.32 per diluted share in the fourth quarter of fiscal 1998 and $8.6 million, or $0.33 per diluted share in the third quarter of fiscal 1999.