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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: Michael who wrote (8252)12/9/1997 7:07:00 PM
From: Hamid MArandi  Read Replies (1) of 14577
 
I wish I was as smart as smalltalker
To: +Ken Muller (154 )
From: +Smalltalker
Wednesday, Nov 5 1997 6:15PM EST
Reply # of 158

I bought some 7.5 December puts today. I expect the stock to hit $6.00 before the
December expiration of options. IMHO Today was just a temporary bounce after the
fall earlier. I had bought into SIII on someone's recommendation a long time ago at
18.00 then so it go down. Finally it came back to my buy price and I bailed out. It did
go up in the low twenties but not for long.

I just don't trust the company anymore. Maybe management realized that their data
manipulation would get caught and that is why they made the announcement about the
accounting mistakes...

Smalltalker
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