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


To: Paul A who wrote (4144)6/17/1998 7:59:00 PM
From: Czechsinthemail  Respond to of 16960
 
Paul, Thanks for the update. With no news, I think we should be due for a major short-covering and bargain hunting rally tomorrow unless the overall market tanks. Maybe even then. TDFX looks way oversold and should snap back strong.
Hearing that Banshee will be released next week should help bury that particular anxiety. The release will provide some additional good news visibility.
Baird



To: Paul A who wrote (4144)6/17/1998 8:09:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 16960
 
Paul,

Thanks for the good news. Hopefully we will get a decent bounce tomorrow. This is on volatile stock. The option spreads finished all over the place today. The confusion was pretty apparent.

Technically the stock chart should be making a pretty decent double bottom. This time the decline has some volume with it so that is good.

First call has the long term growth of TDFX listed as 30%! Why the h*ll is this thing trading at a P/E less than 10??!.

When the confidence (and it will hopefully soon) comes back to the small cap sector the stock will fly high again.

You should have asked the company what they planed to do with all that cash they raised!



To: Paul A who wrote (4144)6/17/1998 11:44:00 PM
From: Mike Sesan  Read Replies (1) | Respond to of 16960
 
Paul,

Thanks for the update on corporate.

As most of us on this thread are long we are now overdue for some reward. WE have been beat up and whip sawed around to say the least. The positive thought is the hope that there is still alot of shorted shares out there. If we can hold tomorrow and get a good solid move up without alot of volatility my hope will become stronger.

From a TA standpoint my Stochastic reading is 23 which could indicate a slight move further down. When the Stochastic breaks 20 on the downside and makes a move back above 20 TA Stochastic players will enter. On my last message we were overbought because the Stochastic was over 80. I hope we just touch Stochastic 20 tomorrow and then move write up because players that use Trade Station real time Stochastics will generate a buy signal live and buy at that moment if this occurs.

Just my .02