3DFX Message Board - Msg: 5117443

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Technology Stocks : 3DFX

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To: jtech who wrote (5093)	7/7/1998 12:35:00 PM
From: Greg S.	Read Replies (1) of 16960

Hi everyone - I've been lurking here for some time and finally got a trial membership. I've been long on 3Dfx since 13-1/2, way before Voodoo2 (so I don't expect any sympathy from you 18-pointers :)) and it's been a nightmare watching this stock steadily decline from it's well-deserved perch at 35. I think we can all agree that 3Dfx has been unsettlingly silent, which is probably a contributing factor to the stock's decline in value. In a fit of boredom, I spent the last hour scouring the web for any sort of NEWS about them, and found bupkis. One way of looking at it is that they possibly have a confidence that we don't. They may just be shutting their mouths and letting the figures speak for themselves, for which I am perfectly willing to wait and see. My advice is to be patient until after earnings. I think bailing at 15 would be a mistake - we're likely to hit 20 soon, even if only briefly. You haven't lost until you settle your position, and why settle at a low? Needless to say, if we actually make it to 20 I'm thinking of repositioning. -G

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