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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: Kirce Stojanovski who wrote (8519)4/3/1997 3:32:00 PM
From: Terry Davis   of 9477
 
Kirce,

I agree, but this obviously isn't a matter of market share. S3 already has 50%+ and nobody seems to care. I think it has more to do with the longer term growth rates of the industry. A company (regardless of fundamentals) can have 100% market share, but if the market isn't growing or its future is questionable who's going to pay the multiple?

Cheers,

TD
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