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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: Dave O. who wrote (7311)1/22/1997 11:06:00 AM
From: Troy Christensen   of 9477
 
Ok guys a bit of good? We hit 16 1/2 this am and now rebounding, 16 3/4 by 17. Still have heavy volume. Over 1 Mill already. I think we will be fine. The fact that some "dumb" analyst very slighty lowered earnings estimate for 1997 just caught the street by surprise yesturday. For those people who didn't read the earnings release for themselves they trusted the anlaysts for all the news. And when he went form 1.33 to 1.30, 3 measley cents they might have perceived that the report wasn't that good.
Us "educated" investors who still are long will get rewarded for our research one of these days.
At least we are not down another dollar like I was thinking last night. Didn't sleep well thinking that Margin Monster is cathcing me!
Go S3, the worst is over!
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