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: John Stockman who wrote (7169)	1/21/1997 3:39:00 PM
From: Derek Coons	of 9477

I think patience is the key. If you believe that stock has the fundamentals and strong possibility of trading in the 20's then hold on to it. I too hate waiting around for a stock to go up, but often that is the best strategy. For example, I bought AMD about a year ago at around $17, then I bought some more at $15 1/2. It was dissappointing because the stock kept going down. It went down to around $11 at one point. All this time, I kept telling myself that this stock should be trading in the mid 20's. I waited and it eventually made its way back up. I actually didn't wait long enough because I sold at $19. Now it is trading in the high thirties. If you have faith, be patient and don't worry about it! I believe those of you who want to sell are just having a case of impatience and want the excitement of buying a different stock that is more active. If you find one that you feel is better priced and you think will outperform SIII then sell otherwise, BE PATIENT!

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