Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jttmab who wrote (4043)	6/16/1998 10:17:00 PM
From: Pierre-X	Read Replies (1) \| Respond to of 16960

Re: Analysts Analysts are just like anybody else. Some are smart, some are stupid, and they all bleed when you cut em. <g> Since it's their job to study stocks all day they often have interesting things to say. Even when they're flat out wrong. <g> I learn useful things as often through violent disagreement with the dumb ones as through astute comments from the smart ones. At the end of the day: those who can, do. Those who can't, analyze. God bless, PX

To: jttmab who wrote (4043)	6/17/1998 12:19:00 AM
From: Analog Kid	Respond to of 16960

On the subject of Amazon, I find it interesting that the Street is so scared of competition that they ignore TDFX's monster earnings and market dominance and the stock tanks. (The situation is similar with my favorite stock, CHKPF.) Meanwhile, Amazon hasn't earned a dime and Barnes&Noble has a competing website (and Borders will soon follow suit), but the Street couldn't care less. At some point I believe TDFX (and CHKPF) will become glamor stocks, but who knows when. The problem with my portfolio return so far this year is that I own companies with great fundamentals, earnings performance, and growth prospects, at attractive valuations :) Looks like outrageous valuation or consistent operating losses is what the Street likes, as long as the business seems "cool". I am confident that I will be rewarded in the long run, it has happened before (EMC was selling at 10X earnings in 95). I'm just amazed that companies like TDFX and CHKPF aren't perceived as "sexy" to the Street, it's not like they're making ball bearings. Maybe the reason is that users directly interact with Yahoo and Amazon, so it's familiar to all these Wall Street morons (like Netscape was), while graphics accelerators and internet security are more behind-the-scenes.