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Technology Stocks : 3DFX
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To: Paul A who wrote (4144)6/17/1998 8:09:00 PM
From: Don Westermeyer  Read Replies (1) of 16960
 
Paul,

Thanks for the good news. Hopefully we will get a decent bounce tomorrow. This is on volatile stock. The option spreads finished all over the place today. The confusion was pretty apparent.

Technically the stock chart should be making a pretty decent double bottom. This time the decline has some volume with it so that is good.

First call has the long term growth of TDFX listed as 30%! Why the h*ll is this thing trading at a P/E less than 10??!.

When the confidence (and it will hopefully soon) comes back to the small cap sector the stock will fly high again.

You should have asked the company what they planed to do with all that cash they raised!
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