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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Troy Christensen who wrote (6775)1/16/1997 12:50:00 PM
From: Dave O.   of 9477
 
Troy,

The CHPS situation is what concerns me too. That "news" will still be fresh in people's minds next Monday. So if SIII does 0.27 or 0.28 will there be a stampede reaction to sell? Perhaps not since SIII didn't have the kind of blowout quarter in Oct. like CHPS did. But I try to not under estimate the role psychology plays in the market. Yes, as you said, there is good support at both 16 and 17. That's not a lot of comfort to me with the market continuing to make new highs.

As far as SUNW, they are looking good, up about 3 today. But they had been beaten down from 35 to 26 or 27. If not mistaken, they did 0.46 versus 0.42 expected.

It seems to have gotten awfully quiet here lately.

Dave
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