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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: stock talk who wrote (6877)1/17/1997 6:45:00 PM
From: Matthew Rome   of 9477
 
Frank, explain to me again how a stock's price goes "months or years" without correlating to its earnings? But somehow in the "long term" it correlates 100%?

It doesn't "Pay to be Patient" with a stock like S3 in an incredible bull market over the last 18 months. If you had bought SIII and held when Clam-Clam started this thread (Nov 95) you would have a 0% gain.

"S3 is $17 now... $30 is around the corner. Keep an eye on it."

If you bought INTC at that time you would have doubled your money.

I think the only happy S3 owners are the ones that got in and out last summer/early fall, and those writing all these thousands of calls every month that somehow always manage to expire worthless.

You are right that VSLI does not deserve a PE of 33 but niether does S3.

I hope your predictions about "Blast Off" next week is correct for all the frustrated S3 longs. But if it does get anywhere near your lofty prediction, don't hesitate to take profits.
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