S3 (Multimedia semi's place 2be) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirce Stojanovski who wrote (8278)	3/14/1997 8:57:00 PM
From: Nero	of 9477

I bought some S3 calls this morning. When it made its run above 16, the deep-in-the-money April 12 1/2s were going for 3 5/8. i hope to catch the next technical wave up into the high teens. The stock dropped like a rock as soon as i jumped in. this whole sector is way out of favor on the street. i'm long CHPS (glutton for punishment). i jumped in there at 14 3/4 and have ridden it down to 11. no good reason for the fall -- except maybe S3's 3D chips. So S3 is the winner, right? but the street is calling all of 'em losers. fine. all an investor can do is put money where the fundamentals are good and sit tight until the rest of the world notices the undervalued stock. If you think S3 is selling chips for a profit, ya gotta stick with it. unfortunately, calls aren't the way to stay calm and cool, but i think a long position in s3 looks good, even if it tests 10. i'm still stoked on CHPS, but there's room -- and profit -- for more than one or two companies in graphic acceleration.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next