🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: alt.games.descent
Article #93549

Re: "3DFX STOCK mistake made by Wall Street Journal!!...."

#93549
From: Jon Appleby
Date: Sat, 28 Jun 1997 00:00
27 lines
1992 bytes
David P. Howard wrote:
>
> 
> As for technology stock it is almost all hype anyway.  The people that
> will make money on 3DFX are the ones that bought it at the open and got
> out the same day (whistles inocently and twiddles his thumbs).  The
> other most profitable approach is to wait for the profit taking after
> their first split and then sit on it for 18 months.  As for buying right
> now, short term it will be an almost total a loss, long term a good
> chance of profitability.  In the same time I'll go out and make 8
> percent a day. :P
> 
> -David P. Howard

I must say that I don't understand your logic here.  You expect the
stock to split, at which point you recommend holding the stock for 18
months.

If this stock is to split, it must rise at least to the 35-40 range,
no?  And if this is the case, wouldn't this stock be a decent buy?

I certainly don't understand how you see this stock both splitting and
being a short term loss, unless you're a day-player and talking about
making a 10% gain every trading day playing The Hot Stock O' The Day. 
But if that's the case, why recommend holding TDFX for 18 months after
the (foreseen) split?
Technical Details
Message-ID: <33b4aa60.0@oit.umass.edu>
Path: mbox-mo1.pugleaf.net!unknown!not-for-mail
References: <33b3c0d9.539639@news.tiac.net> <33b6e617.940686@news.mindspring.com> <01bc833d$28bdc3a0$288ec7cd@harryg> <33b739dc.2308743@news.mindspring.com> <3404F554.A7D@texoma.net>

Show Full Headers
Complete Article Headers
From: Jon Appleby <nos...@for.me!>
Subject: Re: "3DFX STOCK mistake made by Wall Street Journal!!...."
Date: 1997/06/28
Message-ID: <33b4aa60.0@oit.umass.edu>
X-Deja-AN: 253133903
References: <33b3c0d9.539639@news.tiac.net> <33b6e617.940686@news.mindspring.com> <01bc833d$28bdc3a0$288ec7cd@harryg> <33b739dc.2308743@news.mindspring.com> <3404F554.A7D@texoma.net>
X-Priority: 3 (Normal)
Organization: University of Massachusetts, Amherst
Newsgroups: comp.sys.ibm.pc.games.sports,comp.sys.ibm.pc.hardware.video,comp.sys.ibm.pc.hardware.chips,alt.games.quake,alt.games.descent,alt.games.mechwarrior2,comp.sys.ibm.pc.games.action,comp.sys.ibm.pc.games.strategic,rec.arts.comics.misc,3dfx.games.glquake
MIME-Version: 1.0
Content-Type: text/plain; charset=UTF-8
Content-Transfer-Encoding: 7bit