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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (5767)7/24/1998 8:28:00 PM
From: Mark Carson  Read Replies (1) of 16960
 
When I hear people expecting 80 cents earnings without comparing those expectations with the company guidelines (or reality for that matter) or when I hear things like "I'm down 2 points, but I'm not worried because TDFX will be in 40s by the new year". (really no personal shot here I'm just using an example) Then reality is thrown out of the window. >>

I have to agree, any stock that PLUNGES after beating the street by 15% (which includes upgrades) has a serious image problem. For this stock to ever reach its potential it needs to bleed out the bad blood and all the one line posters/investors 'Up 5% today, $145 by month end!'

These guys don't understand investing and buy on hype and run for the doors like rats when reality sets in. Even when it is a good reality.

Mark
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