S3 (Multimedia semi's place 2be) Message Board

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Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: David Carlisle who wrote (8410)	3/24/1997 11:46:00 AM
From: Niels Larsen	of 9477

Regarding todays big trades, I happened to watch it, by pure coincidence; some 2 million shares were traded in about a minute. It is never easy to say if its a buy or sell, its just a trade; buyers must match sellers, roughly. This trade did not change the price much, therefore it must be a pre-arranged deal. If someone puts in a sell order of 1 million shares, the price goes much lower very fast. The fact that there is such a big buyer at 12 I take as there is good support at 12. S3 now probably has little downside, but good upside. Looks to me like a sound company with a potential for a strong price recovery, because it is poised to get the lions share of the 27 million graphics chips expected to ship this year. Niels L

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