S3 (Multimedia semi's place 2be) Message Board

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Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: chuckj who wrote (8277)	3/15/1997 1:51:00 PM
From: Thomas Eglin	of 9477

Looking at the chart it is hard for me to figure out where it is going. But then, I am not very good with charts. Looks like it broke support at 16 and next long term support is in the 10 to 12 range. On the other hand it does look like a large cup and handle starting in 1995 and we might be in the shakeout. If it closes above 16 for a few days I might be back in to see if it will move back to 19 or so. If it stays below 15 I would watch for a few more points to the downside. Sorry, if this is stating the obvious ie.-if it goes up it will go up more...

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