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


To: Michael Linov who wrote (7648)9/24/1998 4:51:00 PM
From: Sol Prizant  Respond to of 16960
 
Mr. Mike !!!!

You are hooked on 3DFX and so you see everything through pink glasses.

If there is no P.R. than why does it go up???

Maybe some boys have to clean up shorts and retrieve it at the end of the session by writing some "calls contracts", tomorrow might be the day which it may slide again (god save us all).
Thatd all folks!!!

Sol



To: Michael Linov who wrote (7648)9/24/1998 6:09:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 16960
 
The trend is still down, about $12 being the upper channel.

The unexpected patent lawsuit is a real wild card and a definite plus though.

My guess is it probably hit a near term bottom at $8. Lots of bad news (hopefully for longs its only short term) came out that day.