3DFX Message Board - Msg: 2883807

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Technology Stocks : 3DFX

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To: Andrew Fenic who wrote (1033)	12/5/1997 12:39:00 AM
From: Piranha	Read Replies (1) of 16960

<< What on earth caused the recent dip?! >> My guess (and only a guess): 3Dfx lets analysts know that they will hold a conference call Thursday, but don't say what it's about. Already thin volume slows even further due to uncertainty about the announcement. Lowered demand causes the price to drop slowly but steadily. At 15, stop sells get triggered and demand drops even further still, taking the price with it. Plausible? I think so. Reality? Who knows? Counting the minutes till the markets open and cheering on the Asia/Europe markets, Piranha

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