3DFX Message Board - Msg: 7164644

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Technology Stocks : 3DFX

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To: John Finley who wrote (10056)	1/8/1999 1:46:00 AM
From: Patrick Grinsell	Read Replies (3) of 16960

Oh how depressing... Seems like everybody is making money but me. I don't mind being wrong about 3dfx if the company falls on it's face and is a fundamental dog. My issue is that it has fundamentally outperformed 95% of these internet stocks and yet no price appreciation has been bestowed upon me. Sine the IPO revenues have increased 10 fold and the price is still flat. In contrast, during the same time Amazon's price has increased 100 fold with mounting losses and more online bookstores jumping on the scene than fleas on a dog's ass. I wish I could find some reasoning to buy these internet stocks, but by any valuation method (even growth methods), I can't justify it. Here's a question for all of us. Assuming 3dfx is as good as we think it is, are we just beating a dead horse or sticking with a good value play? Sometimes it's hard to tell the difference. Pat

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