3DFX Message Board - Msg: 6287970

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3DFX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (8780)	11/4/1998 3:16:00 PM
From: Patrick Grinsell	Read Replies (1) of 16960

The way we are moving, we'd be breaking the 15.5~16.5 barrier pretty soon and I am not sure how to play that yet. Does anyone have any ideas? I know you don't like the description "long term", but this is where "long term" really counts. As a trader I would dump the stock on any weakness or release of good news as the stock appears to be getting slightly overbought. As a long term shareholder, I see the possibility for 20% of the OEM market next year. The puts the numbers at about $4 EPS and a $40 share price with a 10 P/E. I can tell you this. I was a long term holder with Iomega way before it was a glimmer in the Fool's eye. The stock went through many gyrations up and down but I cleared a 10 bagger with that one. Many of my friends that traded the stock got nowhere near those returns but they also didn't take the risks. I figured my risk was minimized by my knowledge of the stock. Turned out I was right. If you truly feel that 3dfx will be one of the primary OEM's in 1999 then I wouldn't waste my time with these daily fluctuations. Pat

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next