S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

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May 12 5:00 PM EST

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To: gnuman who wrote (13179)	6/22/1999 7:54:00 AM
From: stock talk	Read Replies (1) of 14577

The good new S3 slipped in the PR. "We are extremely pleased with the execution of our plan, which has included the successful launch of our Savage4 and Savage MX graphics products resulting in design wins with volume OEMs including Compaq, IBM, NEC/Packard Bell and Micron. We also are pleased with the company's financial improvements and expect these to accelerate based on our volume shipments.'' The company recently announced that it is scheduled to receive 252 million shares of United Microelectronic Corporation (UMC) stock, which is valued today at approximately $600 million based on current NT value and UMC trading price. This combined, with S3's current cash position of approximately $130 million, has the prospective combined company positioned to aggressively invest in new product opportunities.

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