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

To: Andrew Fenic who wrote (2444)	4/23/1998 11:49:00 AM
From: B-MAN	Read Replies (1) \| Respond to of 16960

@25 1/2 -> still holding support... <eom>

To: Andrew Fenic who wrote (2444)	4/23/1998 2:17:00 PM
From: John Coltrane	Respond to of 16960

Give us all a break. Why stop at that, maybe they should call you up personally and give you the quarterly number a week before everyone else. That way your profit would be assured. Good grief.....work for your money. I do. It was all public record. The SEC, whose job it is to protect the public, REQUIRES that the information in question be FILED. The amounts, dates, etc. are all there, weeks ago. The effect of the Secondary shares upon the price was talked about endlessly right on this board. Did you not read the prospectus? All the information was there. Whose fault is that? Suggestions: 1. Never, never buy on a hot tip. 2. Do your home work, before you put your money down. Invest or trade, but never speculate. Make a list of things to do before you trade/invest. 3. ***Subscribed to Free Edgar (SEC filings) or another such service. 4. Read the filings or at least get a "feeling" for what's happening in a stock. 5. Remember your Economics classes. 6. Realize that this is a capitalist MARKET. As pure as can be made on this planet. Caveat Emptor (sp?). 7. Remember, no two stocks trade the same. Personal experience 1st trade made about 5 years ago (don't recall): 10 contracts on the call side, ORCL. Days before earnings. Knew all about ORCL, Nothing about trading. Earnings day: Lost it ALL in a matter of hours!!! What happened: If I had been astute enough to study a price chart, I would have realized that for about 6 previous quarters ORCL would trade up the week or two before earnings release and upon release their would be a HOST of profit taking driving the price down to about half its gains. Fact: I GAVE MY MONEY AWAY. I did not blame my failure upon the company. I felt I had been duped, but it was not the reality. I lived with the anger for quite some time. Lesson: Learning to trade is more important than knowing the story/fundamentals behind a stock. Action: I did not trade for a VERY long time. I studied. I subscribed to daily charts. I began to read. I lurked the Investor's Forum on Compuserve like a hawk. I also had a friend who worked on a trading floor. I talked to him daily. I used paper trading to develop a methodology. I also had no family and a night job. Let's stop the whinning and start the learning. The lessons learned from this can make you rich (some of you already are).