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

To: Stuart C Hall who wrote (5687)	7/23/1998 12:20:00 AM
From: Stuart C Hall	Respond to of 16960

I solicited this opinion from a fellow SI member on another board. Just goes to show what a fresh investors view of our beloved TDFX is from looking at a chart. In the attempt to be fair in my reporting another member corrected this view with the strong bounce off of 15 that TDFX has shown in the past. "TDFX. It looks like it's bottoming. It looks like it's bottoming. And bottoming. Bottoming. It looks like it's a downside breakout candidate with a ticket to ride punched for 7." Let's get the word out TDFX! Show us what you're paying those Marketing Gurus for! I want press and I want it now!! ;-) Still long and hoping. Regards, Stuart

To: Stuart C Hall who wrote (5687)	7/23/1998 12:33:00 AM
From: Jeff Lins	Respond to of 16960

Slow day! Thought I would post an email I recently sent Chip: RE: article in TSC > they just don't get it. The market for 3d > accelerators is small? Not much differentiation? Sim-city 3000? > CREATE brand name awareness? > > This is incredibly frustrating. The analysis by briefing.com was also > annoying, prompting me to send them an email requesting that they not > make up reasons for a stocks decline. They, too, do not get it. And > while I remain long TDFX, I am thinking: if no one ever gets it, the > stock will never go up. > > I am hoping that the following will help the world to get it: 1) > advertising- clever advertising could add some word of mouth. Hell, > even brokers started drinking milk recently... 2) consistent earnings- accurate guidance and consistently solid numbers 3) continuing > technical dominance- V3 takes the world again by storm, delivers what > it promises, and kicks ass.. 4) oh yeah, Banshee becomes THE standard > for the next 6-9months (if the Riva can do it, so can we). I truly believe that this is possible 5) > competitors just don't live up to hype > > In a bizarro-world twist, the market seems to be confident enough in > gaming to make Electronic Arts a wall st. darling able to command a > higher than market multiple. sigh > > Just wanted to let you know that there are other people in the world > that read an article or criticism and go "why would they write about > something that they know nothing about?" > For the record I love criticism. And I like having good shorts on the board. Both can add insight and can bring me back to earth. But when some uninterested 3d party flips through a quarterly and assumes that inventory build up is the kiss of death or that revenues "only" went up by 18% or that the sector stinks, and therefore so does TDFX...I get PO'ed in a big way. Because many people think that these "reporters" and "journalists" (think Chris Farley with a suit and glasses raising his fingers doing the "" quote thing) actually have a clue, and listen to their words I think they should be a bit more responsible. Naturally, this led to my writing Briefing.com. I will post the email and the considerate response they sent me in a later post. Jeff

To: Stuart C Hall who wrote (5687)	7/23/1998 2:24:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 16960

For the record, I am not short TDFX. To the contrary, against my better judgement, I went long TDFX and am now loosing money. Anyone who has read my posts can put 2 and 2 together to see that not only I am not short TDFX, it would not even make it to my screens as a short. Remember what I said, look for something that is at least 30% overvalued and is in a downtrend to short. I also said that based on my model fair value for TDFX is around $45 (or at least $23 if you use a very conservative model). So add it up for yourself. Second, I suggested selling TDFX (or at least not adding to it) only because it is in a down trend and seems to be resilient to any good news. In other words, I simply said don't catch a falling knife and wait for the trend to at least stabilize before buying it. Why is this so hard to swallow and why is there such a paranoia about shorts bad-mouthing the stock? All the press about how overvalued the internet stocks are has not put a dent on them, so how can a little less than head-over-hill-in-love-with-the-stock remark cause a serious damage? I have not heard nearly enough negatives to even remotely balance the enthusiasm that has surrounds TDFX. And may be that is part of the reason the stock is in a downtrend. Now that I've said that, Chip I really like your favourite quote (here I jump in the hot water again :D) I think it also applies to the stock market and investors. Regards, Sun Tzu