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

To: Piranha who wrote (1267)	1/14/1998 9:12:00 PM
From: Bret P	Respond to of 16960

Yes, let's consider there are 13 days till earnings. Plenty of time for lots of speculation. 3dfx has a strong appeal to longs for (1) their products being integrated into a new non-proprietary CD ROM based games platform w/a low sticker price and (2) their bundling with an OEM box -still quite possible. As for the shorting and well timed exit and re-entry... my hat is off to those much more deft than I! Just glad to be winning on one for a change. Cheers! bretp

To: Piranha who wrote (1267)	1/14/1998 9:15:00 PM
From: robnhood	Read Replies (1) \| Respond to of 16960

Piranha, It was just a thought, when I am short a stock that acts as well as this, I would cover on this kind of drop ,, after the news I saw much larger trades going thru,, even one for 10,000,, after watching the trading the last few days, I saw my order for 2000, as a large trade, compared to most. As a MM in toronto, not all trades I make are profitable ,, and I believe the same applies for MM's on NAZ,, when I realize I've walked into the lions mouth , I welcome the opportunity to get out,, even at a loss when the alternate is a much larger loss. If in fact I am right and all the MM's on tdfx were short, as it broke into new high ground , how and from whom were they to cover. Besides that , caution and the S word are not that common from analysts these days. russell