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Technology Stocks : 3DFX

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To: Andrew Kruh who wrote (4590)6/23/1998 9:42:00 AM
From: Paul A  Read Replies (1) of 16960
 
actually, the average 'long' is impressed with the banshee. The average long knows the management by name and likes them alot. etc etc etc etc etc.

what we DONT like is mornings like today that are indicative of the last 2 months. I watched over 20 small buys all get gobbled by a 'nameless' market maker who sat on the ask. 20 sales at 17 3/8, and what happens next? He puts another 5000 up for sale and lowers his ask to 17 5/16 despite the fact that people are hitting the 17 3/8.

THIS is where the TDFX longs are getting discourage. I really dont think the management could do a better job but when you get utterly disgusted, you have nobody else to aim it at.

these shares are being shorted, and if this retail keeps pouring in there has to be a point that they back off. Thats what im praying for
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