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

To: Chip Anderson who wrote (2450)	4/23/1998 1:19:00 PM
From: Anthony Maza	Read Replies (2) \| Respond to of 16960

<<its got to be the lockup shares>> The lockup of shares is standard among IPOs and IMO cannot account for this rediculous drop. This unprecedented crash has more to do with the perception of the technology and the company than I believe you are willing to admit. 3DFX has now got a black eye in the investment world. I don't see 30's for some time. I hope I'm wrong, I've still got the other half to sell.

To: Chip Anderson who wrote (2450)	4/23/1998 1:31:00 PM
From: Bob Rust	Read Replies (2) \| Respond to of 16960

I'm railing at no one in particular, but I really need to vent, and the stock market is an inanimate thing, so here goes: 1) how can this stock drop like this after such incredible earnings? Even if there are another 20% of new shares flowing in, these earnings were not a one-time blip. 3DFX is a solid, if somewhat new, company. They have still more surprises coming, and their products aren't vaporware, like Intel's. 2) which brings me to Intel. Who cares about their vaporware plans for sometime in the indefinite future? Their products are "good enough" (must be the company motto), and they're sure not going to displace 3DFX's stuff. This is just a preemptive strike by Intel trying to keep their name at the top of everybody's list, and all the cretinish, sub-100 IQ investors out there believe them. But then who am I to cast aspersions at the hoi polloi when I'm the fool losing money? Geez, in the last several days the internet-related frenzy (K-TEL, 7th Level or whatever) has been jaw-dropping, and, IMHO, downright stupid. Here's a company with real products jumping off the shelves, and it's brought me down to a margin call. I'm really bent. Yeah, yeah, I know I'm preaching to the choir here, but when's everyone else going to wake up? Wotta crappy day.... -Bob Rust, mired in a web of shortsightedness and stupidity