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

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

SIII 0.0001000

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May 12 5:00 PM EST

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To: Don Morris who wrote (9235)	6/19/1997 2:23:00 PM
From: lee kenigson	of 9477

I took this off an old news article from siii...... "Johnson also told Dow Jones that some of the intense first-quarter pricing pressure in the market for 3D graphics accelerators appears to have ''moderated.'' Prices in the first quarter fell by 10% to 15%, whereas analysts had anticipated a 6% or so decline. Nevertheless, the company stuck by its earlier guidance to the financial community for revenue down 13% in the second quarter from the first quarter. It also maintained its projection of revenue growth in the lower ''double digits'' for the third and fourth quarters, when the company's 3D accelerator, its SonicVibes audio product and its Virge/MX " LEE KENIGSON

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