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 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel Simon who wrote (8020)3/1/1997 10:41:00 PM
From: chuckj   of 9477
 
Good observation, I think that the shorts increased based on the sinusoidal chart of this stock. Knowing human nature everyone wanted to short on the top of the sinusoid 19 and cover in the bottom 16. This is why this stock is a prime candidate for short squeeze because shorting is done on technical analysis and not based on fundamentals of the company. In fact, with the Intel's MMX price cutting and Dell's low end line that uses Virge, watch for a classic short burn. Diamond as well is selling tons of their Stealth graphics upgrades that uses the Virge and as I stated before Virge is the highest margin desktop product of S3. Needless to say Compaq is also a Virge user.

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