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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Sean T. Kim who wrote (7354)11/5/1997 10:55:00 AM
From: Michael   of 14577
 
<The hit today was pretty reasonable given the circumstances. >

Yes, very reasonable on that day. What about the 65% loss in the last 45 days? Clearly, people knew about this because there was no other bad news to make the stock sink from 17 1/2 to 9. They missed earnings by a few cents, I hardly think that was cause. Anyway, the stock had already tanked 50% before the earnings announcement. It's sad that this information leaked to so many people because it wouldn't have tanked like this with a couple people selling.
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