S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: Jan A. Van Hummel who wrote (7593)	11/8/1997 10:48:00 AM
From: David K.	Read Replies (1) of 14577

Jan, We will certainly never know who really knew what and when. I hope some good does come out of this by changes being made at the top. I think I over simplified by saying "added to 4th quarter". The net result is what I'm wondering about. I hope there isn't a big invetory write down sitting out there. I'm not certain about alot of things but one thing I'm certain about is that these lawsuits will do me no good at all. One of the reason I would like the auditors named as defendants is they carry professional liability insurance. I've worked in public accounting but very little of it was in audit. It would be fun to get into the audit workpapers. My feeling is that this should have turned up during year end audit. Heads can roll at the top, some of them can face criminal charges for all i care. But the company having millions of dollars drained off by these lawsuits is just as harmfull as the accounting "errors". I would prefer to look forward and hope that the positives with this company stay in place. I'd be alot more excited by design wins and new products being announced. Will this effect the fab plant going public?

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