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Technology Stocks : 3DFX
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To: ckrunner2001 who wrote (7838)10/2/1998 11:31:00 AM
From: Sun Tzu  Read Replies (2) of 16960
 
OT -- well, for your sake I hope KEA rebounds. The rules of trading/investing don't change though; cut your losses early and don't "hope" for a change. Now that you've explained KEA's approach to business, I am even more woried about it. It seems to me that it is terribly over-valued compared to its private counterparts. The one thing that KEA does have going for it technically, is that it bounced off 30. 30 is a strong support level and a 10% bounce off a strong level in one day is often a bullish sign. I'm having a hard time deciding if I want to go long and sell calls, or go short and sell puts. If you want I will let you know when (if) I decide. KEA is on my radar screen, and so is PMCS which I will ultimately go long on.

Sun Tzu

P.S. As predicted TDFX is holding itsown very well. The real test is if it outperforms on market rebounds. That will be very telling.
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