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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Berney who wrote (7113)11/3/1997 12:53:00 AM
From: blankmind  Read Replies (1) of 14577
 
-- I'm a CPA and just looked at S3's financials.

-- I can't believe the stock is trading under $9.

-- I understand why the Prudent Spec is so high on the company.

-- For instance:

-- Book value of $5.96 a share - with enough cash to do a serious share buyback if they wanted to
-- A disastrous quarter (ending 9/30/97) - where they still made $.08 per share
-- Plus, there's a 10/21/97 news release, where S3 says their new high end products will return them to higher profitability.

-- Also, can't forget that Tseng Labs is dropping out of the picture.

-- Out.
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