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Technology Stocks : 3DFX

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To: Don Westermeyer who wrote (4230)6/18/1998 11:43:00 AM
From: Pierre-X  Read Replies (2) of 16960
 
Re: Good ratings

You said:
They issued a strong buy and a very favorable report when the stock was close to $30. Cutting to hold now without some good reasons would make them look pretty fickle.

Well, they already look pretty stupid for issuing that strong buy near $30, now, don't they.

Come on, Don, think like an analyst. Suppose you're the bright boy at BA-RS who's holding the TDFX bag. MONT just cut, and dumped a whole bunch of shares. There's two possibilities:

A: You're in on whatever the deal is that triggered NB-M's cut, and you're also going to cut. But first you get your friends out.

B: You're not in on the deal, and you're going out of your skull trying to find out if the NB-M guys know something you don't. If you find out something, anything material, you also cut. But first you get your friends out.

God bless,
PX
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