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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (9412)12/8/1998 8:00:00 AM
From: Michael G. Potter  Read Replies (1) of 16960
 
I 100% agree with you on the stonewalling. I haven't been able to talk to anyone for a month. Last week I called every day and received no response. My experience with small-cap stocks and management that will not talk to shareholders is very poor. Plus, as a fundamentalist, I need more detail than the press release to make decisions so I need the company (of which I am a part owner) to respond.

Without a response, I can only speculate:

1. The company doesn't want to talk to me because I post here (and use my real name so there's no hiding).

2. The company doesn't care about serving its shareholders. Maybe the CFO is overworked and can't get to all the inquiries he receives. That means they should HIRE SOMEONE to provide the service.

3. There is something big going on right nowthat they do not want to announce or mislead callers. This could be bad news (poor yields, inventory write-offs, something like that) or very good news (additional capacity available, big contract, negotiating buy-out with Creative Labs, etc.). Since any investor inquiry would have to be answered with what has been publically stated (more detail and background info provided, but basically the same bottom-line), management may not want to mislead shareholders.

All I know is that I'm annoyed at the company for not responding to my inquiries.

Michael

btw - AGN and sharkyextreme (http://www.sharkyextreme.com/hardware/weekly_cpu/b.shtml) both report that the new ATI card is not ready for testing yet. Who knows, the drivers (beta) may be turning off 32 bit rendering or other features that would slow the card down more. Or the card really is very good in 32-bit. I'm going to wait for other reviews before I draw any conclusions.
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