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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: ted quinn who wrote (11243)6/17/1998 11:02:00 AM
From: Calvin Scott  Read Replies (1) of 14577
 
Ted,

I know you are jabbing and punching with the re-price option statement. But, when they were re-priced back in the first quarter, the options were re-priced in the $5.50 - $5.75 range.

I don't think Terry Holdt is going to allow any more re-pricing but I think he is going to hold everyone at S3 to the challenge of making the previous re-pricing pay off.

Frank, another thought regarding the "blink". Perhaps INTC now realizes that a commodity chip such as a graphics accelerator is not the business to be in? Word is that they have already reduced headcount at C&T and may be pushing efforts to the sub zero market as a standalone???? This is going to be very interesting.

Calvin Scott
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