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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (7867)10/5/1998 11:38:00 AM
From: Sun Tzu  Read Replies (3) of 16960
 
Of the 30 stocks that I monitor, only two are not down. TDFX is one of those two. This is a very bullish sign. In the past two and half weeks, there have been only 3 days where TDFX did not outperform the market. One of the big keys to success in the market is to go with the strength, and as pointed out, TDFX is very strong so far. This is something for the would be sellers to consider. Also, if you really can't stomach the volatility (well actually the thought of it, since it hasn't been so volatile lately), you should consider selling out of money calls, rather than selling your shares. Finally, the support and resistance levels as I see them are 10.5 and 16. This should hold out till the new year.

Sun Tzu

P.S. Pat, 3Dfx told me that Banshee will not do SLI, even if you put two chips on the same board. Now, it is possible that the person made a mistake, or that it is true, or that a SLI Banshee is not deem in their best interest and they don't want it to happen. Take your pick, but I'd go with No. 2, esp. since even if Banshee could do SLI, it would not make sense to do so.
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