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


To: Ben Wu who wrote (10962)3/3/1999 4:32:00 AM
From: Patrick Grinsell  Respond to of 16960
 
Dead Money? I think not...

The pattern is starting again. I was dead-on last time, let's see if I can call it again. I see the stock trending up through the 15th, the day of 3dfx-files. Info will probably leak causing the stock to spike for a couple days after that. The stock should stay pretty strong after that as we still have the actual Voodoo3 launch and the finalization of the merger. Also, as soon as the SEC okays the merger 3dfx will be able to come out of their quiet period and start "selling" themselves. I hear that's slated to happen later this month.

...and then the stock will crash right before announcing a crappy 1st quarter...duh! This should happen around the middle of April.

I'm actually somewhat tempted to make the play myself this time and put my money where my mouth is. I'll probably just continue to play the "long-term" idiot game. One of these days 3dfx will continue the rise and that's when I don't want to be caught playing for pennies.

Pat