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Technology Stocks : 3DFX

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To: Claude who wrote (8663)10/29/1998 12:42:00 PM
From: view  Read Replies (1) of 16960
 
You are correct.

Obviously CREAF knew that GATEWAY is going to select their card with TDFX chip before they purchased the shares. And if you remember, they said it was a good investment.
This is an insider trading (since they were in a position to know this important deal and public did not know).
It could have worked the other way around as well. They could dump their shares if they find out that gateway is going to switch to TNT in Q1 as an example).

We (shareholders) are at the mercy of these big boys.

Samething happened with INTC who received about 10% of RMBS stocks for free if they would only endorse their design. Guess what, they are doing more than endorsing. they are pushing it through everybody's mouth.
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