SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?


To: Joe C. who wrote (6946)9/8/1998 3:01:00 AM
From: Simon Cardinale  Read Replies (2) | Respond to of 16960
 
Simon says...

Tuesday will be an extraordinarily good day for the stock markets. I'm predicting a Dow rise of 200 points and a NASDAQ rise of 50 points.

This market is looking for any excuse to come back strong, and asian stock markets have bounced big. Check dailynews.yahoo.com

Okay, now back to TDFX. I don't think that it'll take much momentum to turn around at this point. I think most of the rally will be in the large caps (after all, that's practically the definition of a stock market rise considering what goes into the relevant indices) but hopefully it will spill over into TDFX.

We've yet to see shorts start covering, a fact which amazes me more every day. At $35 shorters correctly anticipated a huge drop, but at ~$10 how big can the damn drop be?! Who wouldn't buy with both hands if this stock went to $5? With earnings of $2/year and growing?

Simon