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

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

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: Rob S. who wrote (9307)	6/27/1997 3:55:00 PM
From: stockroach	of 9477

Rob, I agree with you that a reversal is not going to happen in the next day or 2 but I think 30 to 45 days the whole semi sector will start to gain momentum. Intel is also been stagnent for a while as well as many semis. I think your $7 a share is wishful thinking. S3 will test its low of 8 and change. As of their anual report they had $3 a share in cash. There are plenty of dog stocks out their with quarter after quarter of losses and trading at over $7 with the same amount of shares outstanding. After the dust settles I am going to look at some Oct. options for grins. Grogg

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