S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Ram Seetharaman who wrote (13362)	7/15/1999 10:53:00 PM
From: Ben Wu	Read Replies (1) of 14577

Yes but if you look closely, they lost 9 million on operations alone. The only way they made money was through investment income. Hmmm, i wonder how the investment houses are going to react to that? How this stock is going to react, i have absolutely no idea. I was hoping their core business income would break even this quarter. oh well. Interestng though.... that was the first time i ever heard of S3 loaning DIMD 10 million. Was this made before or after S3 agreed to purchase DIMD? - ben OT re: China attacking umm. You're forgetting the US has the 6th fleet based in Japan and a carrier group in the Indian Ocean and one in the middle east. China has a brown water navy. It can't extend it's naval military power past coastal waters. It's ships are old and it's technology are generations behind the US. It's subs are still diesel operated and are at a distinct disadvantage to the US nuclear subs assigned to the sixth fleet. China will gain neither naval nor air superiority. Taiwan recently purchased a bunch of f16's from the US and have armed them with advanced french weapons. China will be hard pressed to win an air war against taiwan with the 25 year old jets (think vietnam era) that currently make up the vast majority of their airforce. China has too much to lose to start military campaign against Taiwan. China is not stupid, just greedy. It has nothing to gain in attacking taiwan. Instead it has everything to lose. Where do you think most of the money that's going to China is coming from? If you think multinationals you're wrong. it's overseas Chinese and a large chunk of them live in taiwan and the surround southeas asian countries. how happy do you think they'll be if china get's aggressive with taiwan? Also if you look at recent diplomatic moves by China (with Japan, India, and Pakistan), it's government is trying to legitimize their presence as the "power" in the region. Attacking essentially "sovereign" states will complete destroy all diplomatic gains that they've worked for the past few months. Plus, the only reason China probably wants to control the canal is to obtain free rights of passage for it's own ships. If it closes it, how do you think the world will react? or more importantly the WTO and the US? Ever hear of the Monroe Doctrine? it still alive and kicking you know.

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