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

To: Michael Linov who wrote (7245)	9/15/1998 6:47:00 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 16960

Michael what you say is a possibility. But at this time it is an unproven conjecture. Look at many companies that had very bad days and still went down from there (SOC, CD, MOT, even TDFX after last quarter). The high volume sell off does not assure that "These new owners bought this stock, knowing full well that the next earning report will not be positive, and that there's not necessarily a quick buck to be made". For all I know there are a lot of traders out there who day traded it and a few who decided they will take a 5%~10% gain in 2 days. How can you be sure that these are the "long term" investors that you are looking for? You can only tell this after observing the stock behaviour in the next couple of months. Best of Luck Sun Tzu