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

To: Andrew Fenic who wrote (2205)	4/17/1998 10:13:00 AM
From: Andrew Shih	Respond to of 16960

>>I haven't seen much institutional buying yet this morning. Fund managers are missing an extraordinary and historic opportunity this morning. You are all witnessing today why so few of those clowns can beat the S&P500. Even weighted against TRADITIONAL metrics like PE, 3DFX looks absolutely outstanding at $35 per share. << It's just too bad that 3DFX is in the chip industry. If it were a Internet company with the same fundamentals, it could probably trade at $350 a share. Actually, if you give it the same PE as Yahoo (1200?). That's more like $600. 3DFX will do fine, as long as they keep developing new products. Competition, however, will arise sooner or later. It's going to be a great Christmas for the consumer. You'll probably be able to get a Voodoo2 class card with 8-12 MB RAM for well under $200. -Andrew