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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: DC Hand who wrote (7107)1/20/1997 8:29:00 PM
From: RAY WACLAWSKY   of 9477
 
Only tomorrow will tell; the market price for S3 has been under severe pressure since its' peak @ 23+. Why......... I don't know. Although I'm long, only the tooth fairy knows at this point. Last month, I was long 100 option contracts only to sell them at a small gain. Compared to the risk, it was a foolish game. This co. is the best of the best, but until the market agrees, we are all in a boring trading range; as Mr. Lee from the OJ Simpson case stated: something is not right here. Once again, I'm long S3, and I believe it's the greatest of them all, however, I'm cautious.
All the best,
Regards,
RW
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