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


To: Sun Tzu who wrote (5816)7/27/1998 1:31:00 PM
From: Harold Engstrom  Read Replies (1) | Respond to of 16960
 
Sun Tzu, with respect to your list:

1. Non-factor. This is as important as the conspiracy of the market makers. Everyone is looking for a reason. Maybe there isn't one.

2. Short interest is a short-term issue only.

3. I don't want the management of the companies I own to sit up and beg every time their stock takes a beating. If management is focused on their core business, that is what will return value to shareholders in the long term.

This chat group stuff is a waste of a company's time and opens up liability issues. Why respond to what every guy with $20 for a modem is worried about?

4. Institutions will do what they like. For most, TDFX is a long way off the radar screen. Wait until they become a company with a large-enough market cap to warrant institutional scrutiny before holding your breath for the institutions to buoy your TDFX holdings.



To: Sun Tzu who wrote (5816)7/27/1998 7:45:00 PM
From: Joe C.  Read Replies (1) | Respond to of 16960
 
Sun Tzu, Totally opposed to your suggestion about TDFX management getting involved in the Chat Rooms. These forums are for people to discuss their opinions, facts, fiction, fanatasy etc. Management's responsibility to their stockholders should be handled more profesionally and formally through public statements, interviews and the like. Unfortunately, ready access to information, low cost electronic trading, the market's trends towards momentum investing, and the like has created a mass herd investment style that is atune to immediate response and reaction to new and sometimes insignifcant events. As a stockholder, I do not expect weekly status nor would I be pleased with management providing such status. I think Greg Ballard's weekly posting to his site on his "vision thing" is o.k. However, some people (and I am excluding you) have the perception that a companies perfomance should be measured on the movement of its' stock price over a matter of days/weeks. Everyone agrees that this is nonsense from a valuation view but yet everyone (including myself) look for such things to keep us interested. After all, isn't this what these forums are al about? Joe C.