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Technology Stocks : 3DFX

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To: Matt Webster who wrote (4092)6/17/1998 3:01:00 PM
From: Chip Anderson  Read Replies (2) of 16960
 
Yet more "2121" -

"The problem as I see it is that there are a hell of a lot of sellers!!! And I can tell you this, they know or think something I don't. DLJ and MONT had two HUGE sellers, and I mean huge. And the worst part was they didn't care where the stock was sold !! That only gets done when someone either needs cash or has an attitude of 'I just don't care'. The worst aspect is that TDFX still basically doubled their float in a period where no one is too high on the semi's. So, is this the end? Someone is going to make a mint on TDFX and someone will lose his shirt. This stock is super cheap.

This very minute DLJ finally stepped in as a buyer; unfortunately MONT still has more to go. The day traders are all over this action. There is size to buy here."

Days like today make me wish I had Level II quotes!
Chip
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