NeoMedia Technologies, Inc (NEOM)

[joedimaggio_6]

Today should be an interesting day, that's for sure. Hopefully the BOD can explain where we are heading and respond to some of my questions. i know they received my email, and they have basically told me that they will address the issues during the conference call.

Am also enjoying the discussion re chartist1 and the charting of neom. I used to work for a broker at lehman bros when i was in college, and he used to take me aside and in a somber voice tell me he was going to unlock the secrets of wall street. He'd pull a chart out of his desk and say "it's all right here". "You buy when these lines meet, and you sell when these lines meet..." He did well with his charts, but he certainly never got rich, as his charts never told him how to find the next google, home depot, etc.

Chartist1, i know there is value in selling when the charts say to sell and staying away from falling knives. However, you get rich in this business by identifying the next google and holding on for dear life. It's dangerous and its risky but I can tell you from personal experience (and i know you value experience) that believing in a company, despite the charts, can bring in profits way beyond the norm. A few of us here rode CYPT from .07 to 1.7 in a matter of weeks, because we believed in the tech. No chart told us to buy. Many of us made money on the ride on neom from .07 to .72. And many of us made a killing on yesterdays ride from .07 to .09. Nobody has lost a penny listening to JP or myself or others, because we've never told anyone to sell anything. We believe in this company, that's why we're here. And if this is indeed the next google, we will make more money here than a lifetime of cautious chart following could make us.

I am not saying your experience is not valued. I love your charts and you have taught me plenty. But if we've indeed uncovered a new google, charts go right out the window. And to suggest that TS hasn't been the singlemost important factor these past few weeks is simply ludicrous. Ignoring TS and the news is way more foolhardy than ignoring any TA.

best

Joe