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


To: Chip Anderson who wrote (4244)6/18/1998 12:31:00 PM
From: Eric Yang  Read Replies (1) | Respond to of 16960
 
Greets all. I been following TDFX every now and then but never had the guts to jump in. The dip in the last couple days caught my attention.

Even with the estimate cut, isn't the forward looking PE somewhere between 7 and 10 now? Amazing for a tech stock. I guess for a stock to rally these days the company must have negative earnings, little if any book value. All you need is sell something on the internet and the market cap can get inflated to 20-30X revenue...hehe. This market is insane.

May jump in and join the rest of you very soon. Good luck.

Eric