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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?


To: Piranha who wrote (1067)12/5/1997 9:01:00 PM
From: Piranha  Respond to of 16960
 
Hey, here's an interesting little piece of information I just found:

viwes.com

It seems that there was actually very little short interest in TDFX coming into December. I'd guess that with short interest numbers like these, covering made up a totally insignificant portion of today's 1.2M share volume, meaning buy demand was purely for investment. Also since we're at a new high, all open shorts should now be in a squeeze whatever price they sold at.

Piranha



To: Piranha who wrote (1067)12/5/1997 9:05:00 PM
From: Gary Hoyer  Read Replies (2) | Respond to of 16960
 
Oh no, that leaves Lou Dobbs on Moneyline who often flubs up too :) I watch NBR at 6:30pm PST so I haven't seen it yet. I agree that Jeff is no Paul.

You made the right decision to hang in there. I'm sorry for others like Paul A, who got out just a few days ago. Their plight is like those on some disaster movies where a character struggles the whole movie and makes it to the last hurdle, with daylight in sight and then BAM! they succumb to the rushing water, quaking ground etc.

Just read a blurb on PC Gamer that stated the reason for 3Dfx's rise today was that they announced that their 4Q would be 40% higher than their 3Q and that this was at least twice as much as previously projected. HELLO! I sent them an email telling them to re-read the first paragraph of the press-release.

Still feelin' mighty good,
Gary.