SI
SI
discoversearch

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 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stock talk who wrote (8544)4/3/1997 8:39:00 PM
From: John Stockman   of 9477
 
Frank,

The best response I can give you is to look at the sliding price of S3 the past month. As compared to VLSI holding steady under the rapid sell-off of tech. stocks on the Nasdaq.

The YTD price is a larger loss for VLSI only because they briefly (only a few days) reached the 28 range. It went up too high and too fast, and should have stayed around the 20 to 23 dollar range.
If you consider that fact, then VLSI has not fallen that much.

In regards to the P/E and net income. Apparently the shareholders of VLSI believe in their company and technology much more than any S3 owner. The VLSI shareholders are not selling many shares at the current stock price, and they believe it can go higher. VLSI did go up 1/2 point on 4/3/97 while S3 went down 15/16 points. So VLSI has much more loyal shareholders.

The only other thing I can say is this. Perception of a company can be a great factor when evaluating a companies stock price. Apparently there are a lot of current shareholders who do not think S3 will do very well in the future, so the price suffers as they sell. It seems those current VLSI holders believe the company is poised for great new products and better profits in the future.

The stock prices speak for themselves. And yes, VLSI can reach $34, because they have already before. However, I can't comment on the S3 gains, that is anyone's guess but I still think it will suffer for some time. Also, take a look at DIMD stock price today, because I'm sure those shareholders are as mad as hell.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News