S3 (Multimedia semi's place 2be) Message Board

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Technology Stocks : S3 (Multimedia semi's place 2be)

SIII 0.0001000

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May 12 5:00 PM EST

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To: stockroach who wrote (7434)	1/24/1997 2:19:00 PM
From: Cuong Huy Nguyen	of 9477

I think the market will be correcting for the next few days or so, next monday might be the worst, as Mondays tend to be bad historically. This market went a little too far, too fast, since the beginning of the year. I looked away for one second and suddenly we're up at 6900! I don't think the downturn will stop until we reach about 6300 - 6500 again. Meanwhile, people will be once again looking for "value" stocks like SIII (hopefully) or any other stock that isn't overpriced like the Dow. They might also (finally) start looking at small caps, which have been lagging the market. I still like SIII (for the LR), but am starting to look back into some biotechs that I have been neglecting (my favorite being ARIA, which has finally started receiving coverage from big brokerages, too bad I sold my position at around $4.00, now its at $6.75). I think biotechs will have a good year. Good luck to everyone! Still long on SIII (sigh).

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