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 (7529)	11/9/1997 8:49:00 AM
From: Glenn Norman	Read Replies (2) of 14577

Yo_Jan.................................S3 has 70% of sales in ASIA. ASIA is devaluing daily. Project S3s' sales over the next 12 months using a sales figure of 50 to 60 % less than current expectations and see what kind of losses you come up with, this is assuming that S3will still be able to generate 10 to 20% of their gross sales in ASIA. Most analyst appear to using this type of earnings projections - I personally talked to Leonard Mauck at EVEREN SECURITIES (1-888-854-3653 toll free) Friday with his current prediction being S3 and some other similar stocks will maintain current levels then bounce higher (so that MM's can get their big accounts, that are still long, out) and then free fall to a level far below the 7 1/2 to 8 1/2 range. If what he says is true and the MM's run the stock up to 9 to 10 range, that would be the time to get out before his predicted free fall down. Cheers-Norman P.S. sorry for the delay in the reply - I have been out of town till today.

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