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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: Trent Stepp who wrote (9058)5/28/1997 10:08:00 PM
From: Peter Caradonna   of 9477
 
Not your TA answer but it seems like profit taking is being balanced by short closing. I hate to try to jump on a 90 mph train but I don't see a dip. If S3 performs in this new market like in graphics then $13 is seriously undervalued. I don;t think that this is in the current earnings estimates so this news might trigger upward revisions.

S3 in DVD is big. To me it means its ok to buy DVD devices. S3 has the credibility to make it real.

I want to thank all the people who sold me shares at 10. I love you man...

peter
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