3DFX Message Board - Msg: 8477812

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Technology Stocks : 3DFX

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To: Sun Tzu who wrote (11308)	3/23/1999 3:37:00 PM
From: Obewon	Read Replies (1) of 16960

<<At the time I said the correction will be in earnest in 3 to 6 weeks. Well today is about 3 weeks after I made that call and it seems to be right on schedule. The new lows are far exceeding the new highs, even on the big board which has been stronger for most of this stealth bear market.>> Nice prediction...NOT! New lows have consistantly been beating new highs for several months if not most of last year so you're 3 week old prediction required no mean stretch of the imagination so please do not go fishing for complements. You said it yourself... this is a stealth bear market. The market has been propped up by unrealistic expectations of growth by the tech market leaders. Most stocks went down last year. Obewon PS Nvidia will increase its market share this year. While the TNT2 is a good part from what I have heard, it is Nvidia's Vanta chip which will drive their sales. I was stunned when I first heard they are selling them for $19 in lots of 10K. That may be low enough to compete with S3 and ATI mainstream chips. It will be interesting whether or not 3dfx will be able to compete in the business PC sector at all.

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