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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: stock talk who wrote (7550)11/7/1997 1:08:00 PM
From: Jan A. Van Hummel  Read Replies (1) of 14577
 
Frank,

I think you are right. That is the reason the stock won't likely go down
much further. Those that entered at these lower levels did not do so to liquidate
at $4-5/share. The ones dumping are the small disenchanted investors and their
cumulative holdings may not be large enough to make a significant dent
in the price.

IMHO The price can only move down if there is more negative information released.
The current price has discounted all the bad news released to-date.

Mind you, looking at some of the other hi-techs I am following, there is plethora
of companies that have seen similar erosion of their stock price on lesser bad
news.

Jan A. Van Hummel
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