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Technology Stocks : 3DFX
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To: Chip Anderson who wrote (3612)5/31/1998 2:13:00 AM
From: Medisco  Read Replies (1) of 16960
 
First let me start by congratulate you on a great reporting during your E3 visit.
After reading your notes and others, I made my own conclusion.
I believe that TDFX position in this rapidly growing market is still strong regardless INTC and MSFT. TDFX current price is very undervalue and soon the street will recognize it and smart MM will accumulated rapidly. The Market sell off in the recent weeks coupled with lack of Power houses to support TDFX and the confusion over second offering along with that, two brokerage houses that support TDFX are facing mergers, which contributed to the lack of support of the stock. I believe that Wall Street will recognize soon the importance of this rapid growing area and will soon favor this sector. As a matter of fact Goldman already recommended CREAF and put it on their recommended list with $40 price target.
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