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


To: Michael G. Potter who wrote (5795)7/25/1998 11:43:00 AM
From: Michael G. Potter  Read Replies (1) | Respond to of 16960
 
I looked over my notes from my talk with 3dfx and saw that I forgot to post one other thing. I asked about what they plan on doing with the large amount of cash they have right now. I was told that it was meant for general corporate purposes which includes being able to weather a setback and still keep investing in R&D for the future and that it also would allow them to do a small acquisition (like a design house) if such an opportunity came along. Note, he didn't say they were going to do such an acquisition, just that the cash allows them greater flexibility and security going forward.

Michael