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

To: Mark Carson who wrote (5426)	7/15/1998 8:32:00 PM
From: Brian Baral	Respond to of 16960

talk about impressive results...last quarter the analysts estimated that the company would come in at about $.25 and they came in at $.50!! a tremendous blowout, right??? wrong. the bottom fell out after the intel announcement and the shareholders who got in at the IPO price sold everything. after the shorterm jump to $35, the stock plummeted down to mid-20's. since then we've seen it STRUGGLING! i don't care how great these numbers turned out...i'd never buy into this stock again...it's way too screwed up and there are a lot of people "manipulating" the price (i.e. large institutional investors). small timers (like most of us) should beware!