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Technology Stocks : 3DFX

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To: Rene Madsen who wrote (4799)6/28/1998 12:43:00 AM
From: jtech  Read Replies (1) of 16960
 
Im thinking along the same line as yourself. Price is holding steady at 16 but upside seems unlikely. 16 3/16 is constantly being hit at the bid and there is nowhere to go but down. My heart wants to buy but my mind says something is terribly wrong. Look at tdddf, creaf, dimd.
I bought monster 3d last year at my sons pleading and again a v2 this year. By the way my 50$ rebate from dimd still has not arrived after 3 months (they offered a 50$ rebate for monster 3d users who purchased v2).
I could give you an inventory count of v2 at best buy and comp usa in my area, but lets just say there full (stacked vertically over horizontally full shelves).
It would have been beneficial to have bought tdfx before earnings last quarter but I think it doesnt matter how good they are this time everyone expects them to be good. Its the future thats in doubt.
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