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Technology Stocks : 3DFX

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To: Mike O'Brien who wrote (4893)6/30/1998 4:06:00 AM
From: Mike O'Brien  Read Replies (2) of 16960
 
Some random musings:

Personally, I think that 3Dfx is an extremely hot company, and there's no way that I would sell any of my shares at this price range. If all shareholders felt this way, then there would be no more sellers and the stock price would have nowhere to go but up. But obviously that is not the case. Reading this discussion group, it looks like a lot of people are angry at the company and are looking for any excuse to sell, which means the stock price will continue to suck.

Also, any portfolio manager would have to be an idiot to buy tomorrow, because then on his quarterly report it would look like he was holding 3Dfx during the quarter when it lost half its value.

Oh well, maybe things will look brighter on Wednesday.

Mike
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