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: Ibexx who wrote (7203)	1/21/1997 2:27:00 PM
From: Dave O.	of 9477

< We (H&Q) are lowering our estimates slightly based on this weaker sequential growth guideline. We had originally estimated 10% revenue growth on $148 million and $0.31 eps. We are now estimating a 6% revenue growth in the March quarter with margins expanding to 42% producing an eps of $0.30. Our new FY 1997 estimate is $1.30 compared to recently revised estimate of $1.33. > This seems to be another possible negative. Lowering earnings estimates rarely propels a stock to higher levels. I think short term the best way to make money in SIII is to join the traders and flip it for some quick money. Maybe I'm pessimistic but I'd like to make a few bucks on SIII (in this lifetime)! Dave

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