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


To: John T. Hardee who wrote (13293)7/8/1999 10:54:00 PM
From: Ben Wu  Respond to of 14577
 
which begs the question, how much of that $600 million are S3 based sales? (eg. S3 sold $300 million worth of chips to DIMD, DIMD then sells those chips for $400 million. So if S3 buys DIMD does it make it $700 million in sales? or $400 million?)

personally, i still think this deal stinks, DIMD is a company on it's last legs, hemorraging money all over the place. The rio is the one small shiny jewel in DIMDs businesses, but even then it will lose it's luster as the competitors start piling on (at last count there where at least 7 new mp3 players that are either in the market now or will very soon be). i for one predict the deal will fall through. Either DIMD shareholders will balk, or when S3 changes the exchange ratio, S3 shareholders will balk.

-ben