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

To: vc21 who wrote (4846)	6/29/1998 11:54:00 AM
From: Chip Anderson	Read Replies (2) \| Respond to of 16960

One of the lessons I am learning from this experience is to avoid companies (certainly small cap ones) that blow out estimates. It means either that the company doesn't understand it's revenue flow, or that it is unable to effectively signal it to the Street (i.e., large investors via analysts) or both. I've learned that large shorts drool over such situations. This morning I am modifying my stock screens to reject companies that beat estimates by more than 15%. Chip