SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave O. who wrote (6777)1/16/1997 1:35:00 PM
From: Matthew Rome   of 9477
 
Dave,

I too was worried about a CHPS like scenario for SIII, but as you know CHPS had a better pre-earnings run-up of $18 to $22 and then was crushed back to fill the $15 - 16 gap they had from last earnings anouncement after the cautious statements in their conf call.

So here we are with S3, with no real pre-earnings rally (unless you count the move to 19), with these market variables at play on monday:

1. EPS vs expectations
2. Conference Call spin items
- Strong demand for Virge +
- Notebook market wins? +
- Good outlook for 1st qtr? +
- Maybe S3 really will sell some sonic vibes/DVD or other stuff? +
- Fab costs behind them? +
- Cautious statments about competition and margin pressure -
- PC market outlook flat for 1st Qtr -
- 3D graphics eveolving rapidly with lots of risk -
- Some new "surprise" alliance, product, design win +

3. Market psychology and risk related to this stock's and sector's continued under performance.

So a .30+ eps surprise coupled with a real postive call could create a post earnings spike (followed by a retreat), that we had expected before earnings.

Or a .28 eps and a cautious conf call could leave this stock trading in the $16 to $19 range till 1Q.

But unless something spectacular happens by monday, we are not seeing the pattern we saw with SIII's 3rd qtr run-up and crash.

Thoughts?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News