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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: stockroach who wrote (10272)3/30/1998 1:51:00 PM
From: stockboy  Read Replies (1) of 14577
 
s3 should change its name to Apple. This stock has technology that is exciting as the typewriter or a no. 2 pencil. However, it has been said over and over again it is not the tech stock with the best product that wins but the one with the best marketing. Techs with less of a future than S3 find buyers with outrageous PEs. S3 is proof that the momentum market is alive and well. The hell with fundamentals the market wants to give their money to a couple of acnme faced kids in a rented suite on 23rd st. (silicon alley) to develop a web page. These companies have no tangible assets, no business experience no nothing. People feel they missed the four horsemen of the tech revolution (Intel, Microsoft, Dell, Oracle)and damm it no matter how littered the NASDAQ is with failed tech stocks they are ready to roll the dice. The battlecry of give me 1000% return or nothing at all.
It is a slow S3 day so I must vent.
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