3DFX Message Board - Msg: 4100093

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Technology Stocks : 3DFX

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To: Andrew Fenic who wrote (2212)	4/17/1998 11:18:00 AM
From: Sverre Schriwer	Read Replies (2) of 16960

It's very hard to tell... Outstanding earnings, but not much media coverage yet. 1.4 mill traded after 1 1/2 hours, but mostly small investors taking profit on small lots, no deep pockets on the list of trades so far, one 20K and a dozen or so 10-18.5K as far as I can tell from a quick glance. I held 30 contarcts (about 1.6% of the open interest) in apr 30 calls this morning bought at 11/16 :-D (big grin indeed!) - can life get any better? Sold 10 @ 3 3/8, paying for my investment and taking home over a grand profit. Reckon I'll risk holding the rest until later in the PM since they're all pure profit and I think it may trade higher later on. Also seriously considering actually executing the calls for the first time ever in my trading - with options expiry today and Banshee announcement just around the corner I really think we'll go up from here during the next few weeks. /Sverre

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