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

To: Joe C. who wrote (4696)	6/25/1998 12:10:00 AM
From: Don Westermeyer	Read Replies (1) \| Respond to of 16960

It is possible, but unlikely that TDFX will be dropped from the Russell index. The market cap minium (is is $300M?) is used as a guideline, not a restriction. The company is very strong in all other areas. There are many, many real dogs for companies in that index. It amazes me that ATY.TO is worth a 500% premium on TDFX on a P/E basis (Although ATI does have some good OEM deals in the pipeline). Here's hoping we don't see less than $16.... Actually, I'm hedged to $15.50 by using options, but I'd really rather see the darn stock appreciate.