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

To: DD™ who wrote (2439)	4/23/1998 10:56:00 AM
From: Andrew Fenic	Respond to of 16960

Don't worry this is a great company with a market leading product and fantastic growth prospects. Unfortunately the dynamics of the marketplace they compete in are poorly understood by analysts. Hence, we see periodic unjustified drops on non-news like yesterday's INTC conference (exacerbated by the new shares).

To: DD™ who wrote (2439)	4/23/1998 11:23:00 AM
From: Chip Anderson	Read Replies (1) \| Respond to of 16960

DD, please try to focus on the larger picture for a change. Your "gloom and doom" posts are getting kinda repetitive. From what I see, obviously the MM's still have shares to get rid of from the 3.5M share lockup. They will play this game of "High open/slide/several artificial trading ranges/big slide at the end" until they run out of shares to sell. They are getting the best prices for their customers and, actually, keeping the TDFX price relatively high compared to if all of the stock was just dumped all at once. Yeah, its kinda like slow torture but only if you have a time horizon that's measured in hours or days. Once the run out of shares to sell (hopefully by the end of the week), the price action will return to normal - and I'm absolutely positive it will rise back into the 30s quickly. Until then, TDFX longs just need to suck it up and hold on. Chip coolhistory.com