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Technology Stocks : 3D Labs

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To: neverenough who wrote (644)7/11/1998 8:57:00 AM
From: JR2  Read Replies (2) of 1010
 
Despite Keith Allen's good point about PC sales....Pig's don't need wings to fly...They just need to convince other pigs that "some day" they might be able to fly ! PC stocks are going bonkers AHEAD of the PC recovery. If you don't want to buy this stock around 6 then you either don't recognize their value or you don't feel like covering your short yet . When this stock closes above 8....it is headed to 12. The surprise I am looking for has nothing to do with next week or earnings. If these guys lost 20 cents it wouldn't matter...It is already in the stock. The stock is trading with a market cap of just under 100mm Their sales won't ever be 100mm???? Come on. P3 is late, but it isn't going to be late for much longer. Try being short when that announcement comes. Stocks discount the future...6 bucks/share is not the future. IMHO.
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