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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: John Nasser who wrote (13418)7/23/1999 9:53:00 AM
From: mark doubiago  Read Replies (1) of 14577
 
S3 only down -1/16 so far, DIMD only down -1/2. I think that it was a great idea for DIMD to write off everything possible this quarter. Should have seen it coming after what KP had S3 do for a couple of quarters. I would guess that it is possible that DIMD will write off more this quarter too. Get the company lean and mean for when KP takes over so that it looks like another great turnaround for him. I don't know if this guy is this smart about every aspect of the business, but at least he knows how to start out at a new company that was having problems, clear out everything possible for a quarter or two and start with a clean slate. So what if the company dips for a quarter or two. It seems like when he comes in, there isn't much more dip possible and losses aren't that much of a shock at that time. So dump what you can. I really like his style so far with S3 and now with DIMD. You can bet that this was all planned way before the announced buyout/merger. I am sure that this was a condition of the buyout/merger just as it was when he came to S3 originally. I am guessing that WallStreet will also like what it sees him doing, though in the next week or so it will probably be a little painful for DIMD. Don't worry, DIMD's price is tied to S3s. This is just a good opportunity to get more S3 indirectly at a discount.
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