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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: JerryP who wrote (7867)11/13/1997 3:42:00 PM
From: Michael  Read Replies (3) of 14577
 
I think I would be more worried if I was a short at this point than if I was a long. We are certainly closer to the bottom than we are to the top. Why would anyone be buying S3?

1) You're buying a company with valuable assets for less than the price of the stock
2) You're buying a market leader for less than the price of a "promising" upstart

I remember most of these same negative arguments when I bought at 12 and it went to 24 and when I bought at 9 and it went to 18. I don't need to hear the same now even though some of the circumstances may be different. These problems are TEMPORARY.

By the way, I currently am not invested in S3 other than a few hundred shares I've held onto.
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