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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: Jan A. Van Hummel who wrote (8093)11/25/1997 7:09:00 PM
From: Kenneth Yeh  Read Replies (1) of 14577
 
I agree with you Jan,

I don't think there is too much downside potential left for S3. It seems like all semi-conductor stocks have been hit very hard by the downfall of Asian markets. I believe S3 will bounce back nicely after the Asian market panic settles down. However, it will probably be a while before that happens.

I'm going to re-enter S3 at around $5.50 to $6. I predicted about two months back that they would probably bottom out at around $6. I figure I wouldn't lose too much if I dove in between 5.50 and 6.

-Ken
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