Indeed.
The real value of todays exuberant action lies in putting 3Dfx to
the attention of the deep pockets.
Most of us here on the thread are aware of the tremendous
potential of this company, the lock-in they have of the 3D chip
market is acheived at present and with the VooDoo II I see no reason
to doubt their ability to maintain it in '98.
To us it is obvious that this will generate the same type of growth
seen previously in other techs such as INTC, DELL and IOM. The problem
is that the big money haven't a clue yet (which is why we were ever able to go long cheaply in the first place...) Few if any fund
managers play Quake, and 3Dfx is a very, very obscure IPO so far.
Today will change all that, especially if we manage to close a good
bit above the open. A gap like that, _followed_ by a close above,
at record volume (1/6 of the float last I looked), and listing on
the NASDAQ top gainers will attract the attention of the fat men
with cigars. They might just do a bit of Due Diligence and
come to the same conclusion of the potential that I have - at which
point the block buys will start...
THAT'S when the ball will start rolling, especially with a measly
3M float. By all means do your own DD, but I personally wont close
my positon for several splits :-D |
