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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Rob S. who wrote (8496)3/31/1997 9:00:00 PM
From: Aaron K. Dhiman   of 9477
 
Rob, just gonna have to be patient with the market right now. I think that the market is in trasition and probably will be for a while. During this period, stocks will live and die by earnings. Many are making a transition into big-named corporations which practically guarantee consistent earnings.

So, if S3 hits earnings or more, then we can not be denied a PE of at least 14 because they are still growing and have had consistent growth in the past. However, if they miss earnings, the market is liable to oversell S3 even more.

I can understand the impatience with those who bought much higher, but more patience is simply necessary. Does anyone know when earnings are due to be released?

Aaron
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