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: stock talk who wrote (7739)	11/11/1997 1:38:00 PM
From: Jan A. Van Hummel	Read Replies (1) of 14577

Frank, I concur. If the indicated range of the restatement is not exceeded, we should see some bottom building (if not fishing). The absence of any aggressive or panic selling tends to suggest that the market is waiting for these audited results as well and that it is comfortable at these levels with the information made available so far. The good news is that your down risk today is $7/share in a worst case scenario, but we all know that should the stock fall to $4 or thereabouts it would be snapped up for reasons outlined before. So, realistically, the down risk is probably no more than $2-3/share. Frankly, this is a lot less risk than buying S3 at $15 or $20 or any hi-tech stock, for that sake,in the 20s or 30s and up. The negative and dark views are understandable if you bought when the price was way up there, but if you are new to S3 and take a neutral look at it today a $7/share does not look too shabby. JMHO Jan

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