S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: John Floyd who wrote (7496)	11/6/1997 3:49:00 PM
From: Michael	of 14577

<Combine this with near term inventory writedowns and lawsuits, and you have a $2-$4 stock.> I think this talk of going to $2 or $4 a share is crazy. You are all hallucinating. There is always extreme resistance when you approach book value. Particularly when book value is below liquidation value. The fab is and will continue to be a very valuable asset. It also has $120 million in cash and short term securities. There are what will keep this ship from sinking no matter how screwed up the company and management are.

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