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Technology Stocks : 3DFX

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To: Paul A who wrote (1171)12/27/1997 10:51:00 PM
From: William T. Katz  Read Replies (2) of 16960
 
Consider the silly negative viewpoint as a real boon to long individuals. Hopefully, some people will short 3dfx without trying to verify the idiotic briefing.com commentary. How on earth can they say that 3dfx is already suffering? A lot of companies would like to be suffering like they are. And like a lot of hard-core gamers that buy 3d accelerators are in Asia? [And even if they were, hard-core means ALWAYS BUY THE BEST]

Best case scenario: 3dfx drops due to no reason other than confusion. Short interest increases. And over the next year, small float + short squeeze + readjustment in prices to proper P/E leads to big gain for longs.
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