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

To: Joe C. who wrote (5116)7/7/1998 9:50:00 PM
From: Joe C.  Read Replies (1) | Respond to of 16960
 
Semi Off Topic: Linked article has nothing to do with 3D or TDFX but it appears that some analysts are starting to differentiate between chip companies. This might be a signal that the chip industry is close to a bottom from a trading range perspective. Upcoming earnings and guidance for the industry should be watched.

cbs.marketwatch.com

Joe C.



To: Joe C. who wrote (5116)7/7/1998 9:54:00 PM
From: Dwight Griffin  Read Replies (2) | Respond to of 16960
 
Joe - I also noticed that they are in the Russell 3000 ... or is that old news?



To: Joe C. who wrote (5116)7/8/1998 2:49:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 16960
 
Inclusion in the Russell 2000 is nice. It will be even better if small cap companies come back into vogue, since index funds based on the Russell 2000 would presumably get a chunk of the money.
Effectively, inclusion in Russell 2000 means inclusion in funds based on that index. It should create new buying and holding in the stock that simply won't sell unless there is a major redemption of index fund shares.
Baird


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