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

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

SIII 0.0001000

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May 12 5:00 PM EST

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To: Kirce Stojanovski who wrote (8515)	4/3/1997 10:28:00 AM
From: bob yahnke	of 9477

SHORT COVERING. If you were short this stock at the 16 to 19 range. Would`nt you consider covering at this point, since you have a nice profit? I think the shorts are going to be very nervous at these low price levels and the fact that earnings are right around the corner. Look for the shorts to cover about a week before earnings. They don`t want to risk the thought of a good earnings report and see there profits vanish. I`ve seen this happen before with large short positions. Expect a nice run up a week before earnings!!!

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