3DFX Message Board - Msg: 7607577

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Technology Stocks : 3DFX

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To: Philip W. Dunton, Jr who wrote (10452)	2/2/1999 12:10:00 AM
From: Patrick Grinsell	Read Replies (1) of 16960

I sold because the stock seems to have a history of collapsing after the earnings reports. Congratulations. I deluded myself into thinking I own the stock long term. As such I held on. So much for that investment discipline. Is TDFX a buy again? I know this graphic chip business is a bit dicey. I'm tempted to get back in because it has traded down to a support area. 3dfx is a very risky stock. Anybody who has a personal target lower than $20 over the next year is either day trading or taking more risk than they need. There are plenty of stocks that can give you that kind of return in more stable industries. Let's just say my price target is much higher. Are things really that bad? No. What's the outlook? Contracting industry. Under 5 real players by the year 2000, of which 3dfx has the best chance (other than ATI) of making the final cut. Quarterly earnings with new business model should explode. Next generation chipset (over 2 years under development) due out soon. I wouldn't own the stock if things didn't EXCEPTIONALY good. Pat

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