S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: JAG who wrote (8993)	1/26/1998 6:35:00 PM
From: Jan A. Van Hummel	Read Replies (1) of 14577

Had expected a loss without the write-offs, so this not too bad. Given the recent fab sale the BV is actually quite a bit higher than the $5 and change. The inventory level seems high indeed. Good question for management to answer. May be an indication of slower sales in Asia or the market in general. Management was right in taking the write-down. Only hope they did all the cutting that needed done. The patent and cross-license deal with CRUS is another indication that management is focused. This bodes well for the future. However, given the crappy hi-tech market and Clinton's no-sex offense doubt we see a real rally very soon. JMHO Jan

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