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

To: Tae Spam Kim who wrote (4665)6/24/1998 12:41:00 PM
From: Chip Anderson  Respond to of 16960
 
I agree that the stock is currently subject to the whims of the momentum players. They have established a trading range from about 15 to about 18 for TDFX. I expect the stock to stay there for a while, oscillating as these guys make money. It will be that way until:

a.) These MoMo players lose interest
b.) Another analyst gives up and downgrades
c.) The company does something to rekindle institutional interest

At this point there's no use in even paying attention to the stock price until it moves out of this trading range.

Chip



To: Tae Spam Kim who wrote (4665)6/24/1998 12:45:00 PM
From: Frank Sheridan  Read Replies (2) | Respond to of 16960
 
Personally I'm waiting for this stock to hit $10 a share. Then I'll pick up another 500 shares for cheap, bring down my average cost to under $20 a share, and then wait for this stock to grow back to where it belongs - at least back into the mid 20's.

Regards.



To: Tae Spam Kim who wrote (4665)6/24/1998 2:39:00 PM
From: ckrunner2001  Respond to of 16960
 
Just sold 4. Holding 2 @ 10.75


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