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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Jay Hartzok who wrote (13137)	6/16/1999 4:01:00 PM
From: ray15	Respond to of 14577

those interested in tracking umc stock price go to www.cps.comn.tw/quote/daye23.tm it is impossible for me to navigate through other pages of this site because it is in mandarin, but at least this gets you to the stock quote for the day. umc moved up yesterday another 3.5% and is positioned to continue that trend. they have expansion plans of 45% growth this year and the next with increasing profit margins, since the wafer capacity is tightening up with the semiconductor slump over and more idm's moving production to foundry. in the end, s3's balance sheet and net income is only strengthened as long as they own umc stock. not a bad situation to be in to support their operating plans.

To: Jay Hartzok who wrote (13137)	6/16/1999 4:13:00 PM
From: stock talk	Respond to of 14577

Jay, I still holding 1/2 of my position. S3 had a nice close, not any large blocks to speak of in the last 45 minutes of trading. So far S3 didn't do the "S3 dance"....you know the "pop and fade back suffle". However with all the news already out and we couldn't break $9 1/4, I have to wonder if the fade is yet to come. We got everything in our favor: volume, nasd UP OVER 100!! 500 million in USC value in print, UP grade with price target of $15, and couldn't break $9 1/4. One has to wonder and with Greenspan speaking tomorrow, I would be lying if I didn't say I wasn't worry. As sign of the S3 dance(the fade)I sell and buy back later.