Ray W,
I have only 8000 shares left in S3, but I may keep them for a while. Think its a good company as you say, but we have seen the most crazy selloff reactions with other fine companies, too much "buy rumor, sell fact", and I wouldnt be surprised if it happened with S3 again. I hope not, and I dont think it will stay down, but I think we might have a huge volume and little movement. But maybe the conference call was good, like if they addressed the "Intel-threat" well, then perhaps a good move. Btw, didnt Trident go up 3.5 today due to its upgrade, not because they beat estimates by one cent? Weren't they actually down significantly just after earnings? (sorry if I'm wrong) Of course this could also happen to S3 soon, which I would applaud.
Niels L |