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


To: Mark K. who wrote (4477)6/20/1998 12:06:00 PM
From: Paul A  Read Replies (3) | Respond to of 16960
 
interesting comments about her buying in at 25 3/4.. do you know that the majority of the people who invested in TDFX did so at or above this price? Also, if the longs are on track with what we expect from this company/stock, 25 3/4 is a VERY good position to be in.

my opinion- We lost alot of weak hands this week. Great! Now we added a bunch of new ones in these sub levels, but they will run with their profit when we return to $20. The climb to $30 will be a one week run since at that point the stock will have nothing but buyers. And then of course there is always the possibility that the quarter is shy, and we hoover in the $12-15 range for another 3 months but I sincerely doubt this is going to happen.

shorts can sit back and watch the show at this point. It would take a good 5 point gap open to start a panic cover. They have such an upperhand at this point its sickening.



To: Mark K. who wrote (4477)6/20/1998 10:12:00 PM
From: Czechsinthemail  Respond to of 16960
 
Ouch! 25 1/4..hope you're patient.
If she's not already she'll probably get that way in time. It's like the old saying about medical practices, "Patients are a virtue".:-)
Baird