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Technology Stocks : 3DFX

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To: AJ Berger who wrote (1098)12/8/1997 2:39:00 PM
From: Qualopec  Read Replies (1) of 16960
 
So far I love this stock. I got in at 20.375, thinking I missed the boat, but it's still going up!

However, your theory about IPO buyers taking profits troubles me. Please explain: are the IPO buyers insiders? If not, how could they be behind the revised earnings estimates? If so, wouldn't they be blatantly guilty of stock manipulation and/or insider trading?

Anyway, I think the fundamentals are there, and I'd view a sell-off as a buying opportunity. Your thoughts?

Justin
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