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


To: Sun Tzu who wrote (9024)11/16/1998 7:58:00 PM
From: Frank Sheridan  Read Replies (3) | Respond to of 16960
 
Sun - One lesson I have learned is that the Peter Lynch method of "once you buy it you are married to it" just DOESN'T work for me. So now I'll be using the method of setting "stop loss" points on anything I buy from here on. I'd rather take a smaller loss and get back into a stock later (or miss out on that stock entirely) than take a big loss and bail once I've finally gotten sick of the stock going down practically every day (like TDFX did for about four months this year). Maybe I'll just watch what you do and learn from you. It would seem I could do a lot worse. So you are long on TDFX now? $80 in three years? Hmmmmmm. Gonna have to THINK about that one. Where do you see nVIDEA, S3, ATI in three years? Do you think that TDFX will eventually dominate this market? Do you think that TDFX stock is reasonably likely to at least stay near or above current prices from here on out? What is your basis for a $80 stock price in three years? I look forward to your input.

Regards.