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

To: Yujin Maison who wrote (13879)	12/26/1999 10:33:00 PM
From: g.w. barnard	Read Replies (1) \| Respond to of 14577

Take a look at this, finally got in WSJ interactive edition. hope it's in the paper one as well. gw Notice the date of monday on it. December 27, 1999 Technology Briefs Via Technologies Will Invest in Chip Maker S3 Taiwanese chip maker Via Technologies Inc. said it will invest $145.8 million in graphics-chip maker S3 Inc., of Santa Clara, Calif. The investment by Via increases its equity stake in S3 to 14.9%. Via said it will buy about 10.8 million shares of S3 at $13.50 each. Via didn't disclose its previous equity position in S3, which had 55.4 million shares outstanding as of Sept. 30. The price paid by Via reflects a premium of almost 30% compared with S3's market value. Via's investment was announced Dec. 24, when markets were closed. The previous day, S3 was at $10.5625, up 6.25 cents in Nasdaq Stock Market trading. Via has made several significant U.S. chip investments this year. It also has established a joint venture with S3 aimed at integrating graphics technology with other core logic in high-performance "systems on a chip" for inexpensive computers and consumer-electronic devices.