3DFX Message Board - Msg: 4165223

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Technology Stocks : 3DFX

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To: Anthony Maza who wrote (2396)	4/22/1998 5:15:00 PM
From: Tae Spam Kim	Read Replies (1) of 16960

Cool down people. 3dfx Interactive Inc. will do fine in the upcoming quarters and continue to blow away estimates. Voodoo2's are flying off the shelves and these Intel fears are overblown by people who don't understand the 3dfx market. Remember the old Peter Lynch saying, in the long run there is a 100% correlation between earnings growth and stock price. Who can deny that 3dfx will continue to grow earnings, and at these valuations there is tremendous upside. My take is that 1. institutions are selling because of Intel (I mean look at Intel's move today) 2. All the short term momentuum holders that bought in last week got hit with stop losses and margin calls, which forced them to sell. Look for a positive rebound in the next few days. Tae Kim TJK Market Letter Ralph, The reason why 3Com went down to the 30's was inventory problems along with swallowing up U.S. Robotics, with the x2 modem channel stuffing.

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