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Technology Stocks : 3DFX

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To: Patrick Grinsell who wrote (9486)12/10/1998 7:46:00 AM
From: Michael G. Potter  Read Replies (1) of 16960
 
I sold because 3Dfx was not returning my calls (very bad based on personal experience in the past with other small cap stocks) and becuase it was 25% of my portfolio which I decided was too much (I always review my holding every quarter). I had bought a bunch more stock when it was at $10.5 (3/4 of my holdings were bought at that level).

I still own 50% of what I did and plan to hold that for several years as long as I'm sure the company is executing their strategy. I finally reached 3Dfx via phone and had many of my questions answered. I can now sleep a little better at night and I made a profit.

Michael
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