3DFX Message Board - Msg: 5182087

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Technology Stocks : 3DFX

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To: UCLAlumnus who wrote (5283)	7/13/1998 8:14:00 PM
From: Chip Anderson	Read Replies (2) of 16960

FWIW, I don't like today's volume either. You can see from my latest TDFX chart (http://coolhistory.com/ChipsCharts/TDFX.gif) that while today's volume was above average, it was lower than the previous two volume spikes creating a downtrend in the overall volume picture. I smell more MM tricks, using moderate amounts of capital to lure small investors into this stock right before earnings and then dumping it soon after. I'd love to be wrong on this, but a stock that is truely breaking out with a 15% gain should have _much_ higher volume associated with it. Watch the size of the trades closely over the next couple of days. I'd be skeptical until we start seeing several large blocks cross the tape. Here's to better volume tomorrow! Chip

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