S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: David K. who wrote (7617)	11/8/1997 6:17:00 PM
From: Tom Terf	Read Replies (2) of 14577

Monday trading.. Expect S3 to dip to 7 even .. especially if the Dow goes lower. Could edge down to 6 7/8 on the bid. It will drift in fractions downward, downward... downward. Don't expect any big daily changes -- mostly 1/8 - 3/8 range. The major damage has already been done. There is at most another 1 1/2 points of decline left to the end of 1997. This is a reasonable $ 6 investment under the cicumstances. It will be more a situation of getting nicked to death under slower trading volume. Every negative news story or assessment will take another 1/4 or 3/8 out of the price. Especially, if you see volume in the 500K share range, you'll know the traders are out of the stock. That's not too good.

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