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

To: Chip Anderson who wrote (3814)	6/8/1998 4:43:00 PM
From: Chip Anderson	Read Replies (1) \| Respond to of 16960

Two additional things now make TDFX a screaming technical buy: 1.) It just moved back up above the 200-day moving average. 2.) Breaking above good resistance at 20, after forming a double-bottom pattern. While there are a fair number of people that buy stocks based solely on technical indicators and recent stock action (and I think some of them will buy TDFX tomorrow AM), there are even more people that use technical indicators like MACD to generate a list of stocks to "research." Again I think TDFX will show up on a lot of those lists starting tomorrow. I'll be watching tomorrow's volume pattern with great interest. Chip

To: Chip Anderson who wrote (3814)	6/8/1998 9:33:00 PM
From: Paul A	Read Replies (2) \| Respond to of 16960

wow.. was I wrong about this being dead money for a few months? Well, my portfolio sure dosnt mind the injection. We need more volume!!! That is my only complaint. Eventually, all the screw balls that had the guts to buy between 17 1/2 - 19 will start dumping and we will need to get that volume kicking. I really dont think the majority of shorts will cover until we start trading above $24-25, as im sure most of them are still very comfortably in the money. Im very surprised how fast we are moving up though..