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

To: Frank Medvedik who wrote (1254)	1/14/1998 12:34:00 PM
From: Voomp	Read Replies (1) \| Respond to of 16960

u know what i say? more nervous selling just creates more buying ops. i had bot into IOMG before all the hoopla, and at sub $5 levels. when all of a sudden, SHWING!. guts sometime fares better than the analytic approach. my latest target, if it ever becomes public, LiquidAudio. Very good concept, but will it sell? I'm already game.... their site is liquidaudio.com

To: Frank Medvedik who wrote (1254)	1/14/1998 2:12:00 PM
From: Gary Hoyer	Respond to of 16960

All the chip making stocks are down today, not just TDFX. It's probably in reaction to Intel's CC which wasn't that bullish looking forward. On the subject of FOOLS. The REAL fools are those chasing stocks like AMZN which has never made money and imo has no chance in hell of ever making money. Yet the stock has been bid up to the stratosphere ($57 1/4). At least TDFX will be making money starting this quarter and has GREAT prospects going forward. The desire to own this stock does not seem misplaced. One happy TDFX investor, Gary.

To: Frank Medvedik who wrote (1254)	1/14/1998 2:41:00 PM
From: Piranha	Read Replies (1) \| Respond to of 16960

I wasn't able to find the original WSJ column. However, Boucher voices some of the same concerns I have, only more loudly and more one-sidedly. While I am concerned about the rapid run up since the Motley Fool recommendation (an average +.90 per trading session) I'm not so quick to say it was ALL due to TMF. Just guessing, since I don't have the original text, but I assume Boucher didn't mention the fact that since Jan 5, there have been two upward estimate revisions for 4Q97 and two for FY98. Two of those revisions are, in fact, his very own. He revised 4Q97 up 100% from 0.04 to 0.08 and FY98 up 33% from 0.42 to 0.56. Now I'll admit the price has probably gone up too quickly to accurately reflect real changes in the value of the stock, but the upgrades can't be discounted. And while the average "dumb money" may invest blindly in hot "hyped" stock without sufficient due diligence, I assure you that I look daily for estimate revisions and other pertinent news. Perhaps the Boucher statements will serve to shake out the dumb money and return TDFX closer to the level it should trade at, and keep the price action healthy rather than overextended. Piranha