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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: C.Carlos who wrote (8987)5/21/1997 7:48:00 PM
From: stockroach   of 9477
 
C.Calos
In every industry companies face competitve threats ( except maybe Intel).
In graphics 3D Labs, S3, ATI are the up and coming companies with CRUS
TSENG and WEITEC on the downside. In their 14 design wins there was
not one OEM. OEM business is locked up going into 98.
Like S3 3D labs has good news and the stock does not move. Reminds me
of S3 2 years ago when S3 started capturing business, the stock
went up fast and had a high PE, but not a PE of 180.
IMHO S3 will not move much until we are into July and get past the Q2
or they have a major design win in Sonic Vibes or MX.It is frustrating
to sit and watch the big cap. techs move up while us small caps just sit.
Grogg
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