S3 (A LONGER TERM PERSPECTIVE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael who wrote (8654)	1/5/1998 7:15:00 PM
From: Ken Muller	Read Replies (1) of 14577

Michael You wrote<<What is your basis for this?>> My basis for this was the many evaluations put forth by the posters on this thread since August comparing the "gray market" values of the UMC stock relative to the US dollar. In addition, it was also confirmed by the Plillips sale of some of their investment fab stock during the summer. (Not involved with UMC). 15X original investment. The investment has been making a very good return from a quarterly earnings standpoint. In addition, UMC ramped up production 50% after the UICC fire which will further increase quarterly operating profits. Those extra profits will just start showing up during 1st quarter. Why give that that up before an impending IPO? This company has something planned for that cash, something that can't wait, and something that normal banks wouldn't (can't?) loan on. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next