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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: wilson who wrote (7347)1/22/1997 5:10:00 PM
From: John Holmes   of 9477
 
I've bounced around with S3 since June, watching it crash down to below 10, then shoot back up. I've also been able to play the ups and downs whenever it touches 16 to 16.5

The market, in and of itself right now, makes little sense. An Iomega jumps back up 3 points but still carries a PE of around 55.

And even more ridiculous, the Florida Panthers' hockey team (PUCK) shot up from 10 to 28.5. Think about it! The O'Malley's are selling the L.A. Dodgers for around 200 mil, but Wall Street has valued a hockey team at almost 360 million bucks!

Meanwhile, we have SIII bouncing along, doing better than it's supposed to do, and not being rewarded. Let's see, this company is going to make somewhere in the neighborhood of 1.20 to 1.40 this year...

Maybe they should change the symbol name to IOMI or PUCH. Then it could carry a PE of 55 or 60 and we could all sit back and relax.
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