S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

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To: Rob who wrote (12637)	1/26/1999 11:27:00 AM
From: Don Earl	Read Replies (1) of 14577

Hi Rob, The comment was more directed at the contrary way SIII can trade at times. The obvious play will often turn around and bite you. FWIW my prediction was made after I listened to the CC last night. It seemed like the most likely movement of the stock with available information. So far things look a lot more orderly that what I was expecting. I figured the gap and the rebound would be a bit sharper than what we've seen so far. I do NOT have any kind of short position on SIII at the moment. For starters I never short a stock except with options. The rewards are limited and the risk is not. The covered calls I sold awhile back expired worthless last week, so I picked up a little there, but I don't see any comfortable option plays at the moment. Disagreeing with certain company policies does not make me short. You have to be long to vote against something. It's my honest belief that a NO vote on the additional shares may send a message to management that they have to produce before we'll allow them to dilute. If Potashner delivers on his forward looking statements made in yesterdays CC, SIII should be well above $20 by year end with nothing but blue sky above. Never the less, I feel that S3 should show us the money before we allow them to start patting themselves on the back with any more 12 cent stock options. The ANALysts seemed to receive Potashners comments with approval, with the exception of one fellow that sounded like he may have been long ATI. Aside for an occasional return flame, I do, for the most part, keep emotion out of my trading. Nothing much going on today. I might have played a hard bounce, but it didn't show up. One of my other stocks should start doing something tomorrow, so the only real emotion I'm feeling at the moment is boredom. Regards, Don

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