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


To: davep who wrote (2312)4/21/1998 4:41:00 PM
From: Ralph Bergmann  Read Replies (2) | Respond to of 16960
 
Sorry, but I think this is nonsense. Most probably after falling below 32$ on thin trade a lot of stop loss orders were executed. On the daily chart you can see that the price already recovered. I expect a further recovery tomorrow. It would be quite ridiculous if the stock trades at the same level as it did before after tripling of earnings and doubling of revenues.
MY 2 cents ..

Ralph



To: davep who wrote (2312)4/21/1998 4:45:00 PM
From: heidi medline  Read Replies (1) | Respond to of 16960
 
I think individuals bought on margin on thursday or friday and due to decreasing prices are forced to sell. I converted three april 30 calls for shares and expect the price to rise probably after all this is done . good luck. the fools are on our side.



To: davep who wrote (2312)4/21/1998 8:43:00 PM
From: Paul A  Read Replies (1) | Respond to of 16960
 
oh God, here we go again.. a new group of TDFX investors and we all need to teach them just how it goes.

Sit tight. TDFX will be fine. everyone has to make money both longs and shorts. TDFX is a very speculative stock and its priced where it is today because so far every objective has been met, and then some. This is one helluva a company. We need to find a value and right now nobody is sure just what to make of TDFX, let alone the fact that just about everyone has made a killing on this stock over the last year.

ok.. so far I have been almost 100% correct in my tdfx predictions. I am betting we see $40-50 by end of summer easy. BUy on any dips, and if it dips below $30? borrow money from people on the sreets to buy more.