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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 (8333)12/13/1997 2:33:00 AM
From: Sam Gompers  Read Replies (2) of 14577
 
Jerry,

I appreciate your response and your sense of history. I often feel that most people who think they know how the world or the markets work only go back as far as 1990 for a historical perspective. The Dow and the markets in general have a "historical record" and those who fail to appreciate or understand that historical perspective are bound to repeat its mistakes. Kudoos for reading in the reference. I also understand your histrionics in post 8333, and that is what prompted my response. I read the S3 link, thanks, but it sounds so rosy - why has the stock continued to drop since then if they have so many great products in the works? I guess this is my main concern. If S3 is indeed a leader in the industrty, and if they have the design talent and the products in the works, why is this stock trading lower and lower all the time? Certainly the MMs and industry insiders can see this, and it would appear that they would be jumping all over this company at these levels. My question is why dies this stock keep drifting lower and lower? I guess I just want to find a balance between the Jan's and the Bob's, who either love this company or think it is going to go belly up in the near future. Can somebody find me a balance and convince those of us who read this thread that there is a good reason to buy at these levels???

Thanks for the input, I appreciate it,

Sambo
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