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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: mark doubiago who wrote (9279)6/26/1997 4:00:00 AM
From: Jim Berg   of 9477
 
I'm new to silicon, But not new to SIII at 12000 SH long.
May I point out that any company that more than half it's
shares are held by institutions " UBS included " is no
looser. Perhaps those of us that paniced over SIII's drop
Are just getting played for suckers by these institutions
those of us that panic and sell are being fleeced because
we are selling cheap to the same institutions that published
a downgrade,
I think that any news of upgrades and downgrades
on SIII should be concidered suspect

but thanks to this group I was made aware of UBS having a
position in SIII I was also impressed by the number of
intitutions buying the day of the downgrade. and may I point out
the price drop came with heavy volume before the news release.
Hmmmmmmmm ????
what do the rest think ??
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