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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: Chiu Chi who wrote (7909)2/20/1997 12:57:00 PM
From: Phil Fischer   of 9477
 
Well, I am not too interested in analysts predictions, don't generally use that as a criterion for picking stock. You never know what the analysts real motives are for recommending a stock and it is usually difficult or impossible to verify the statements they make. In any case, I already agree that this company is solid and quite likely to grow. However, I think it is too risky (for me) to be a longterm holding. I got in to take advantage of the short term volatility.

I am inclined to take my profit (if I hit my target) and hope the stock goes back down in the short term. If it doesn't there are other places to put my money.

Phil
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