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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: Ignacio Mosqueira who wrote (6876)1/17/1997 3:28:00 PM
From: stock talk   of 9477
 
VLSI down 6 3/8 , I'm not surprised what has this company done to deserve a PE of 33 with no growth in coming 1Q of 1997 and net profit margins of about 2%

To the point of being redundant:

Often, there is no correlation between the success of a company's operations and the success of its stock price over a few months or even a few years. In the long term, there IS a 100% correlation between the success of the company and its stock price.{now the most important part} Finding this disparity is the KEY to making money,
IT PAYS TO BE PATIENT!!!!!!!!!!!!!!!!!!!!!!!!!!!

Today the market is correcting itself.

To: Tom Weibezahl (4519 )
From: frank monroe
Nov 21 1996 7:44PM EST
Reply #4522 of 3877

VLSI up $4.50 after they announce they will "cease production " of its San Jose plant and lay off 10% of its work force--300 people.

So I guess that the problem is S3 is growing & making money, all we need to do is lose money and close operations. So much for the efficient market.

today the market is being efficient with VLSI, OUR TIME WILL COME WITH S3 SOON ENOUGH, we will get a PE of 33 based on facts.
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