S3 (A LONGER TERM PERSPECTIVE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stock talk who wrote (13244)	6/30/1999 5:54:00 AM
From: SEAN MUDGETT	Read Replies (1) of 14577

When will the market see the inherint value in this stock? The discount to book value should represnt the risk in S3. New products (rio player, savage 4 ect.) WITH EXCELLENT PROSPECTS, stable cash position ,600M UMC stock, vertical intergration with DIMDS core board biz, sure makes this look like a slam dunk! Lets say the dimd deal falls apart, the S4 is worthless, and UMC stock drops 50%. In this worst case senerio 53M SIII DIVIDED into 300m UMC, 130M cash, premium on the loan 20m to dimd, plus the cost any new suiter will have to pay to s3 to steal the deal, refering to the 4.6m warrents for dimd stock, this amount minus liabilites still would leave SIII with a value of $9-$11 per share. IF THATS THE DOWN SIDE I guese I can live with my long position.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next