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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: Phil Fischer who wrote (7679)1/30/1997 11:12:00 PM
From: mark doubiago   of 9477
 
To All:

Wow, i was away from the PC since noon and missed the great press releases. Looks like there was a little upward movement towards the end of the day after the press releases had a little time to sink in. S3 seems to be getting very interested in software and they are branching out in all kinds of directions. This is going to be a 2 billion dollar company in a couple of years, or a new division of some larger company (this is not a rumor, just my opinion). Maybe some of the big buys the last couple of days now make sense. I think that for the last month we have had some of the big boys buying in. Sometimes very obviously (440K shares) and other times rather stealthily(lots of 10K - 25K trades). At the same time we have had the MMs trying to shake everyone out of the tree. They have used everything imaginable to try to scare us, like 1 ANALyst cutting earnings by 3 cents, INTCs upcoming flat quarter, sunspot activity going down, etc. I also find it very interesting and scary about the post noting all the call options activity that i have not been following lately. Like i said yesterday, i think things are starting to change.

Rick, glad you held on, i think you are going to be glad that you did. Troy, are you still here too?
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