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


To: Casey who wrote (12319)5/6/1999 5:46:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 16960
 
Thanks guys, I just noticed something interesting. Over the past 4, 3, and 2 month periods, TDFX has widely outperformed the SP500, Nasdaq Comp, Russell 2000, MS Technology Index. In fact, over the past two months it has even greatly outperformed the Internut index. Further proof that a key ingrediant of high performance in this market is minimal earnings and the promise of a lot of it down the road <g>. Also, technically I do like the action of the stock. The volume on down days is about half of the up days. Fundamentaly though, I am worried about the effect of all these advertising expenses, production constraints, and the lack of OEM announcements. I have a friend who has been waiting to buy a Gateway machine with V3 in it for over a month. They keep telling him "soon com mon...soon com" but it is not there yet.

Sun Tzu

P.S. Jason, when will the earnings be announced?