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Technology Stocks : 3DFX
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To: Intel Trader who wrote (4284)6/18/1998 3:12:00 PM
From: Eric Hong  Read Replies (1) of 16960
 
I usually don't short stocks unless I see compelling fundamental reasons. Yes, I also look at the fundamentals too, I just don't put a lot of weight in it. I did short few stocks last based on TA and they were quite profitable. I am still holding my ZITL shorts at $18.5. It's my fundamental shorts and I am very happy with it. I will hold that short till it is < $1.00.

I was late on TDFX and I also don't have much funds left. That's why I didn't short this stock. If you short this stock based on TA, you would be as happy as Lerry.

Eric
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