SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stock talk who wrote (12582)1/22/1999 3:11:00 PM
From: Don Earl  Read Replies (1) of 14577
 
Hi stock talk,

This is a response I made to an email I received:

<<<If you wander through the SEC filings, the options that are outstanding, the convertible notes, etc. They owe more stock than they have. They also have the option of buying back the convertible notes with stock. At current levels, this would be very bad. It would most likely cause institutional holders of the notes to start dumping huge blocks of stock on the open market.

It might also be related to the Intel warrants, but Intel is just as
likely to dump stock into the open market as anyone else. The greatest
value to SIII holders until the company can increase revenue is the
inherent underlying assets of the company. Cutting that value in half at this time could have a very negative impact on the stock price.

All IMO, I tend to have a very nasty reaction to anything that dilutes
the value of my holdings.>>>

S3 could easily have picked up all the stock they will ever need in the 1s and 2s and 3s. I say let them get the stock they need for employee plans the same place Microsoft gets theirs. On the open market.

I may just have to make a trip to CA and raise a little hell at their meeting. If these clowns spent as much time working to increase revenue as they do voting to give each other more stock, we'd all be rich.

Regards,

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News