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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: James Strauss who wrote (10894)5/8/1998 6:01:00 PM
From: Dave O.  Read Replies (2) of 14577
 
< Nothing has changed fundamentally >

Is no one concerned that they sold 1/3 of fab investment last quarter for about 26 million, which is what they lost on operations? Given that the current quarter will likely be a little worse since no new products will impact the bottom line will they have to sell another 1/3 of the fab? I'm neither long or short but worry when a company sells assets to offset losses and maintain their cash position.

Re: question on todays selling at 7 1/2, someone, likely a MM was selling anonymously through INCA and showing fairly good size this afternoon.

Dave
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