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Technology Stocks : 3DFX
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To: Gary Hoyer who wrote (1144)12/16/1997 8:31:00 PM
From: William T. Katz  Read Replies (1) of 16960
 
Note that the trading volume is shrinking to almost nothing. I'd expect a few scattered sells so that people could move some money into the truly beaten up stocks. If anyone does sell/buy, use limit orders or else the market makers are the only ones making money.

The lack of volume might also exagerrate moves up and down so it will be interesting what happens until the earnings report. Clearly, it looks like people who bought in aren't really happy to take profits here and new buyers are less likely at this time due to all the other bargains. Although you'd expect to see some people balancing bottom fishing with buying an emerging great company with semi-known earnings.

Regarding Banshee, I'm going to have to do more research into when they plan on releasing it and the specs. Do you have any links besides that old SEC doc?

-Bill, trying to stick to the old buy & hold.
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