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

To: AJ Berger who wrote (2644)	4/28/1998 11:41:00 PM
From: Chip Anderson	Read Replies (1) \| Respond to of 16960

Here's a follow-up post from the MF board. I find this to be an interesting insight into how the Day Traders/Institutions/Analysts/MMs interact. It does seem that TDFX is under-covered and under-backed right now. I'm praying that was at least part of the reason for the ML meetings last week. - Chip ====== "My point today in posting some observations about who was and who wasn't making a market in this stock is to show that the company basically has no house behind it at this point. When Troster can lean on you all day and your only buyers are coming from online brokerages, you have got a problem. My friend at one of the market makers was telling me just that; TDFX has no one backing it right now with the exception of small investors who know the history of the company. I gather that with Rob Sephens problems that we may have just lost Moosa's impact which leaves TDFX with Brecken as its lone analyst. That is a problem that had best be solved or the stock will hit the teens real soon. Obviously at some point some house will eventually pick this up, however a company like this needs its stock up to, god forbid, issue more shares to pay for additive opportunities. To not protect your shares is to let your business slip away."