Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Patrick Grinsell who wrote (7425)	9/18/1998 9:20:00 PM
From: John Finley	Respond to of 16960

Re:"Just went deer hunting today and didn't get anything. Saw a few does though" Whut? You didn't keel none? Musn'ta had enuf a your buttcrack exposed. Bambi likes that! <g> JF

To: Patrick Grinsell who wrote (7425)	9/18/1998 9:21:00 PM
From: Michael Linov	Respond to of 16960

Well, at least we have SOME target for new year... multi-billion $ sounds good : ) Lord knows, knowing 3dfx, I don't expect anything so concrete anymore... At least they've got the right goal. 3dfx is not known for their hype..., so I'm willing to give them the benefit of the doubt,but then, I felt that way before too. Have a nice weekend, everyone... I'm going to be off the computer for 2 days for the first time in 7 years, so you won't have to listen to my overly optimistic outlook on my favorite stock : )

To: Patrick Grinsell who wrote (7425)	9/18/1998 10:32:00 PM
From: Joe C.	Read Replies (1) \| Respond to of 16960

Patrick, <<These are all great but as investors we have no factual data to analyze this stuff. I generally reserve faith for God and fact for investing.>> I would say most institutional investors also think the way you do. Ballard brings the point out as well when he mentions that they're waiting on the OEM announcements. Their entry into OEM is a significant objective that they must get right. I completely agree with Ballard's emphasis on service. Getting some deals AND delivering service in a problem free way will help them to establish credibility with the OEM's. This in turn will translate into credibility with institutional investors. As an example, we have often criticized JPA associates for ignoring, minimizing and dismissing TDFX in their analysis of the 3D market. One thing we tend to forget is that these are the guys that those institutions and other corporate types look to for part of their research. The only FACTS we have today is that TDFX is good retailer to the niche hard core gaming market. This is a very small percentage of the market and regardless of whether we own it all it is still a very small market. Rampage (or whatever) can be the best, fastest most powerful piece of hardware ever to see the insides of a PC but it will still be high end and it will still be directed at that same market. As an investor, this does not impress me because the profit opportuntites are somewhat limited. OEM and mass distribution is the key. You can choose to invest in this company based on a subjective assessment on whether you feel they will succeed. I have done just that because I've been quite impressed on their ability to deliver in the past. The alternative is to wait and see whether they will be successful and invest at a later date i.e. once TDFX has demonstrated its' success. The first approach is high risk/high reward and is only suitable for aggresive investors i.e. those members of the Iron Stomach Brigade. The second is more conservative and is one that most institutions follow. I invest with my play money so I kind of like going this route. I'll admit I've been totally wrong about the stock price and I never expected to have such a large position (the evils of averaging down) at this time. However, my tea leaves tell me that in a year or two I will be happy I stuck it out. Joe C.