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: Mike Learner who wrote (8930)	1/24/1998 11:42:00 AM
From: Dave O.	Read Replies (1) of 14577

Mike, One big difference between WDC and S3 is that WDC is not restating past results. Quite honestly it wouldn't surprise me to see other DD companies like QNTM, SEG, RDRT and APM get hit with suits. The DD sector had a great run in 1997 but once oversupply and pricing pressures hit it killed the EPS growth that was occurring. For example: Co. - High Low 1/23 SEG - 54 - 18 - 20 QNTM - 43 - 18 - 21 RDRT - 34 - 14 - 14+ APM - 56 - 10 - 11+ Companies like S3, SYBS and IFMX that restate can not be thought of as high quality companies. This kind of "error" just doesn't occur. I lost a lot of money on S3 but I was able to make up a decent amount of that loss in QNTM last year. If the execs at these DD companies sold early (and I saw insider selling in QNTM back in the high 20's; BEFORE it ran past 40) many individual investors were saying how these execs made bid mistakes (selling too early). Anyway, talking about WDC and S3 in the same context is comparing apples to oranges. Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next