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: Mike Learner who wrote (8298)	3/15/1997 11:43:00 PM
From: wongd	of 9477

Mike, Four Insiders (CFO, VP, Officer, Unknown) filed to sell 134,900 at $15.57. As long as the insiders keep selling, the stock won't go anywhere soon. The CFO sell is understandable, the others guys might need money for something. The stock is trading PE 11 of this year's earning and PE 9 of next year earning. Looks pretty low to me, I think investors are loosing confidence in the company due to the recurring Intel's threat and a few BIG new comers enter into the market. However, the institutional are buying the shares - maybe a positive sign. This market is getting really crowded, hope the ViRGE can keep its ground. We definitely need the new mobile and audio chips to pick up more business.

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