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: Dave O. who wrote (8269)	3/14/1997 2:43:00 PM
From: Matthew Rome	of 9477

Dave: I'm with you. $19 was the price to get out at, and we've had 3 brief opportunities since last November. I know I won't pass up another chance. I keep trying to convince myself that this thing would get into the low 20s, but looking at this recent action it appears the downside risk continues to be too great. SIII's chart is following a remarkable 30 day cycle since it hit its $23 high in early October, with short lived spikes up followed by lower and lower valleys. There's something going on with this stock that just doesn't jive with the 97 EPS expectations. The CFO bolting and insider sales aren't helping either. Now the question is, when will see $19 again? First qtr. earnings maybe if they meet or beat the .31 estimates?

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