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

To: Raj Ramaswamy who wrote (75327)	5/17/1999 3:31:00 PM
From: Panita	Respond to of 119973

NMGC here why: A) Dell earnings will show that PC are doing well. Guess what segment is the fastest growing in PC? Notebooks. Who has over 50% market share in notebook graphics? Neomagic. B) Neomagic likes to run in the days leading to its earnings report. C) (A) and (B) will get a few short scare enough to cover. There is little upside for them. Here at $9 1/2 there in not much downside. NMGC has close to $4 in cash. A PE of under 8. A history of beating estimates. D) recent downgrade by Morgan Stanley - this not the first time they down grade and then upgrade after earnings.