S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: bob yahnke who wrote (8541)	12/23/1997 12:49:00 AM
From: stock talk	Read Replies (2) of 14577

Off topic: can someone help me out, I must be missing something. I own 10,000 shares of a DOCU at a cost of $1.00 per share, I just got home and read the news that they landed a contract with the department of defense worth up to 77 million. biz.yahoo.com A little back ground on this company, I bought them because of a deal with IBM. biz.yahoo.com Didn't sell the stock because of an announcement that stated if they sold their software division, they would distribute $1.35-1.75 cash to shareholders if the sale goes thru and other conditions are met. biz.yahoo.com The sale goes thru. biz.yahoo.com Now my question is how can a company with only 12 million share float and a contract for up to 77 million and a cash distribution of up to $1.75 pending only sell for $1.12. Any and all insights welcomed, I know I must be missing something but I'm not seeing it right now.

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