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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: Kenneth Yeh who wrote (8304)12/11/1997 7:49:00 PM
From: Jan A. Van Hummel  Read Replies (1) of 14577
 
Ken,

Many hi-tech stocks have dropped considerably in recent weeks. S3's fall
started a lot earlier. I bet that you can find quite a number of "respectable"
hi-techs that will show a steeper decline in a shorter period.

The down potential is $5/share. The up potential certainly more than that if you
take a long-term approach.

If you believe S3 won't survive, you should not be considering buying it all.
You surely can find less risky opportunities and you should not bother posting here.

If you believe S3 will survive than $5 is a hell of a good price even though you may
to wait a while before the stock will bounce back.

Look at it this way. Would you buy a one-dollar bill from me for 90 cents? Conversely,
would you sell a one-dollar bill and take 90 cents. I would guess your
answers would be Yes and No in that order.

Also, if you buy today at $5 and can sell it in 2 months at $6 you make
a quick 20 % or an annualized 120 %.

Where can you find those type of returns?

Cheer up! Things are never as good as they appear to be and never
so bad either.

JMHO

Jan
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