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


To: ferdc who wrote (1270)1/15/1998 4:17:00 AM
From: Ralph Bergmann  Respond to of 16960
 
Some points:

I am interested only for very short time in investment, but I already learned that you can give a sh...t on analysts opinions.

- What was significant yesterday in my opinion, was that the "panic selling" was very well absorbed by the market.
- I have read so many negative comments about e.g. yahoo, which didn't prevent the stock to climb to new highs and ridiculous levels.
- It is sure a sort of hype going on here. But this started just two weeks ago. It can hold for a lot of month.
- If the results are good, the stock can climb easily to 40-50$.
- the new releases especially the bunshee chip will increase revenues significantly.
- When the shares are transferred from big investors to small investors (what I expect, because everybody who buys a 3dfx board is a potential buyer of tdfx shares), the share price is less vulnerable to news releases, because these people normally don't do so extensive research work.

these were many subjectve points, which I didn't proof but which make sense to some point.

Ralph