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

To: DD™ who wrote (2857)	5/1/1998 7:49:00 PM
From: Andrew Fenic	Read Replies (2) \| Respond to of 16960

Agree I don't like averaging down; especially on margin. Better to hold a long position steady and ignore meaningless short term fluctuation like we see today. Soon enough it will be clear that the competitors are legitimizing an exploding market rather than hurting 3DFX's spectacular sales. Competition will foster innovation. Innovation will grow the sector. And 3D gaming + 3DFX will thrive as never before.

To: DD™ who wrote (2857)	5/2/1998 3:24:00 PM
From: Tunica Albuginea	Respond to of 16960

Double D, averaging down should not be done if you are on margin. I am not. But if you have faith in the fundamentals of a company and you are willing to hold, this is one of the best ways to get back into a stock. ALL my best wins were in buying great companies I bought during a sell off at a fraction of their costs. Always buy on fear and sell on greed. Or as Bernard Baruch of 1929 fame said, " buy it when nobody wants it and sell when everybody wants it" . Bernard bought millions of shares of Atlantic Richfield for pennies on the day of 1929 crash, TA