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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: Sep K. who wrote (7357)11/4/1997 10:44:00 PM
From: Phantom Dialer  Read Replies (1) of 14577
 
STOP THE INSANITY !!!!

Listen, I think that some of the people in this group have no idea what they are talking about.....I mean, 3 or 4 dollars a share? Let's get real !!! Who the hell says that a company has to have a p-e of '10'? Look at these Yahoos out there is all I have to say to that one. The stock market has ALWAYS worked on supply and demand. Sean and a couple other people seem to have a good idea about this company and I don't know if everyone else has a separate agenda with the CEO or what.

At 3-4 dollars a share you're trying to convince me that S3 has a market cap of 150 mil-200mil which is nuts for a semiconductor co with almost 500 million in sales, and growing. In my opinion its all about product transition here--the others are right--S3 will be back. I mean, Intel goes and pays boatloads of money for chips and Technologies a much smaller company. Its not like this ocmpany is losing design wins etc, ...last time I checked they still had 50%+ market share and are quoted as the 'leader'.....

Maybe I'm the one who is living under a rock but if I remember correctly there were alot of people who said Micron Technology was going to go into single digits too.... Does anyone really think that there is one analyst out there who covers the company that would let this stock fall to an almost 50% discount to book value? I don't think so..... And if this is the case...I would like to hear how low these people think Oxford Health is going to fall to--5 dollars maybe....? Come on, get real.....

...more later
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