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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: Rob S. who wrote (8565)4/7/1997 11:30:00 PM
From: Dallas Wacha   of 9477
 
I get worried when I start seeing worthless press releases like this
in a matter of days before earnings released. No I'm not short. Quite
frankly I firmly believe the entire multimedia sector has been trashed
solely to allow massive consumption by the big boys. Everyone needs to
remember what happened 14 months ago to the box builders and disk
manufacturers; tons of spew by the big boys while they were buying;
there are too many similarities to ignore. SIII is in a helluva lot
of machines; that is a fundamental; thats what's important. HOLD and
you will do very well, I am convinced. Intel's graphics efforts are to
capture the workstation market; Silicon Graphics, Sun, etc. I would be
worried if I was heavily invested in those sectors for the long term;
I wouldn't panic anytime soon. Best of luck to all.
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