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


To: Pravin Kamdar who wrote (749)8/25/1998 3:51:00 PM
From: Matt Kaarlela  Read Replies (1) | Respond to of 1010
 
Well, we've really seen this one get hit of late. Back on Aug 7th the stock was trading around $5-6/share after the news of the lawsuit with STB. Since then, it has had around a 25% correction while STB has moved up around 25%. I don't bring it up to gloat since I own STB and predicted a drop for TDDF after the lawsuit news but rather to say I now am considering buying. I set an arbitrary trigger of $4/share as my buy price and since that is where it is now I have to decide whether to buy or wait until I see some upward movement that would suggest a bottom. What you others think about investing at the $4/share price? Getting 1000 shares for only $4,000 seems like a bargain to me. All JMHO.