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

To: Chip Anderson who wrote (4059)	6/17/1998 10:59:00 AM
From: John Solder	Respond to of 16960

The only thing I know is that my ass is still smartn' from this baby ! DOW and NAS cranking and TDFX dumping again.

To: Chip Anderson who wrote (4059)	6/17/1998 11:24:00 AM
From: JR	Respond to of 16960

Chip. The semi's were lowered today, I wasn't paying attention so I can't tell you who lowered, but the SOX index is off 1/2% with NASDAQ up 30. The insiders use B of A R/S to sell, I have not seen a form 4 from Sun, Young or Still, do you know what house they use? There is also the 5 VC firms that could be reallocation there funds. holding support JR

To: Chip Anderson who wrote (4059)	6/17/1998 11:29:00 AM
From: Piranha	Read Replies (1) \| Respond to of 16960

Piranha Ends "Quiet Period!" << "If anyone can get better info, I heard that an analyst lowered his numbers late yesterday. I can't find it anywhere. If it's Brecken, that wouldn't be a big deal since his numbers are absurdly high anyway. On the other hand his company is the buyer this morning, while Montgomery is a big seller." >> Here's my take on this. According to info I just got from First Call, FahneStock initiated coverage yesterday with a BUY. As a result of this, some changes to the consensus occurred, which (if you don't have all the information) might cause it to LOOK as if someone lowered estimates. FahneStock's estimates are: 2Q 0.53 3Q 0.50 4Q 0.51 FY 2.04 After FahneStock is factored in, the consensus changes like this: 2Q DOWN 0.01 from 0.54 to 0.53, 3Q UP 0.04 from 0.48 to 0.52, 4Q DOWN 0.01 from 0.56 to 0.55, FY DOWN 0.01 from 2.10 to 2.09. We now have four houses covering, all with BUY or STRONG BUY recommendations. Since the terminology the various houses use can inconsistent, the Consensus Recommendation is 1.3 which is up from 1.8. Lower is better, and 1.0 is the highest you can have. FYI, First Call no longer even shows a trace of either Opco (Lenny Brecken) or Buckingham Research, both of which had TDFX as a HOLD. As far as I can tell, Brecken has disappeared from the 3D scene completely, as he no longer shows up in the TDDDF analyst recommenations either. Addendum: After posting this and re-reading it, it seems the First Call numbers are a little out of whack. I think they put the wrong "previous mean" estimates in the report I pulled today. According to an older report the previous means were (as of 6/10): 2Q 0.53 3Q 0.52 4Q 0.56 FY 2.10 Piranha