SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3DFX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob Mannel who wrote (5035)7/3/1998 6:13:00 AM
From: Joe C.  Read Replies (1) of 16960
 
Why should the stock drop after good earnings? Last quarter's drop included the immediate release of almost 3 million lockup shares - shares that venture capitalists held that only then became available for them to sell. This will not be happenning this quarter. Although its' natural for a stock to fallback after a big gain, I don't think you should be expecting a repeat of last quarter given that the circumstances are different. The thing to watch for is the future direction TDFX gives and whether they are predicting good times head as opposed to the current gloomy industry forecasts. Joe C.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext