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Technology Stocks : 3DFX

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To: Patrick Grinsell who wrote (8783)11/4/1998 3:37:00 PM
From: Sun Tzu  Read Replies (1) of 16960
 
I'm in TDFX long term because I have a 3 year target of 80 and I don't really care much for daily fluctuations because I can't trade the market that way. But I must tell you that I make at least 3 times as much money on a stock which goes up long and steady over a long time than one that gets taken over or bounces all over the place. I will not be selling my shares at 15 or 16 or even 25. I just need to know how to play the option market based on the stock behaviour. This is neither being a "short term" trader nor "long term" investor; this is making the best with my money. Now if people answer me and tell me when they want to sell <G> that will not effect the price, because the stock is going to do what it's going to do. Just as all the talk about how bad poison pill is and why we should sell it now and buy it back at 9 did not kill the stock today. I'm just sampling the opinions and then make up myown mind.

Sun "enquiring and pondering" Tzu
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