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: steve goldman who wrote (7848)	11/13/1997 11:44:00 AM
From: Michael	Read Replies (2) of 14577

I thought I would put in an order to sell at 6.5 and hope to buy in lower. I didn't think it would execute with the bid going between 6.25 and 6.375, but someone bought them at 6.5. Amid all of the negativism out there, there are still buyers at these levels. My fear of waiting to buy is that they will announce some major positive news along with the restatement figures and I will miss a nice jump in the stock price. This major news could be the resignation of GJ or other management, new product developments, a new partnership, restructuring, etc. Remember, this stock is trading fifty cents above book value. Given that book value is certainly lower than what the assets are worth, their revenues and earnings are irrelevant to this perspective.

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