🚀 go-pugleaf

Jon Appleby wrote:
> 
> 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?

It is after a split and after the profit taking from the split.  It is a
medium risk venture and works pretty well.  18 months is the minimum.

-Dave