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

To: Patrick Grinsell who wrote (10530)	2/5/1999 4:58:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 16960

Pat are you saying that the management has been grossly incompetent or are you angry just because of the stock price? The question is, is 3Dfx a significantly better company today than it was a year ago. If yes, then the management deserves a fat pay regardless of the stock price IMO, and if not, I am all ears. I agree with you and Michael that options should not be repriced for the incompetent management. I just don't think the guys in 3Dfx are too shabby. They don't understand Wall St, to be sure, but they are running their business fine. The only faults I have with 3Dfx's approach is that (a) they underestimated demand (but that is easy with a new product and a young company) and (b) They have lousy PR, but that seems to be improving. So over all I give them a C+ and see them progressing to a B+ this year (I hope). Cheers, Sun Tzu P.S. Thank God for SIEB, cause I got nailed to the wall with most of my longs.