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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: Bill Lin who wrote (7296)11/4/1997 12:24:00 PM
From: SidStock  Read Replies (1) of 14577
 
Expect more selling tomorrow. I cant believe anyone is buying
today. At least wait for the 10-Q and restatement of earnings
to see how bad it is. Maybe they will be like ifmx, miss the
10-q and have nasdaq try to delist them. Until all this blows
over, its like trying to catch a falling knife.

Try to image what the Jan conference call will be like (If they
can get any analysts to even have a call after embarassing them
like this). What positives will there be in jan??? The cant
even hype their new products since analysts wont believe them
anymore. As SKI's example with ATI, S3 will now have to prove
they can deliver the new chips and meet the numbers. This will
take 1 or more years before they can restore their reputation.
Until then, this stock is dead.

Sid
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