3DFX Message Board - Msg: 9453994

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Technology Stocks : 3DFX

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To: Piranha who wrote (12400)	5/10/1999 10:56:00 PM
From: Piranha	Read Replies (1) of 16960

Wedbush reiterated their STRONG BUY yet again today. Target price is still $21, though. Hopefully this will revise upward after the merger is complete. They cited the strong Voodoo 3 sales reported in the PC Data report. Here's my favorite section: "The data revealed that the Voodoo3 line has outsold the nearest competing product by 450% in terms of unit shipments, and 1200% in terms of revenues. We consider it particularly noteworthy that the April data indicates that 3dfx is leading the entire video card market rather than the narrower performance/gaming card segment, as in past quarters. We view this news very positively but are not surprised by the success of 3dfx's latest graphics accelerator cards as our previous comments had reported strong sales of Voodoo3 after several channel checks throughout last month." FYI, CIBC World Markets (formerly CIBC Opco) disappeared from my coverage list today. It could be they will be issuing estimates for the new fiscal year structure (like Buckingham), or they're just dropping coverage altogether. Just who's covering and who isn't will probably be straightened out after the merger too.... Piranha

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