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Technology Stocks : 3DFX

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To: Sleeperz who wrote (7250)9/15/1998 8:12:00 PM
From: davep  Read Replies (1) of 16960
 
how to avoid another tdfx disaster.Buy only the top 20 most active,never buy stocks whose avg daily volume is less than 1 million shares.This rule is for trading though.My "hindenburgh's" have always been stocks that trade a few hundred thousand.Usually the price starts tanking daily with no news and less vol and of course the mgmt b.s. that everything is fine and the decline is unwarranted.CR LUM your above post is funny,sarcastic,sobering and very true.
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