S3 (Multimedia semi's place 2be) Message Board

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Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Tom Gebing who wrote (9287)	6/27/1997 11:12:00 AM
From: Dirk Hente	of 9477

No surprise indeed: Cowen analyst Drew Peck says not surprised by latest warning considering the substantial pricing pressures in sector; cuts FY97 estimate to $0.60 from $0.84 a share and FY98 to $1.00 from $1.30 a share; maintains long-term "buy" rating b/c of stock's low price, but does not expect in bounce in price before end of summer... from briefing

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