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


To: stock talk who wrote (13900)12/28/1999 9:21:00 PM
From: John Stockman  Read Replies (1) | Respond to of 14577
 
Even with good news out there, the stock price just doesn't respond. I've owned some shares of S3 since 10/96 and still haven't seen the price go above my break-even point.

Not sure what it will take to get this puppy moving.

Good technology, plenty of investment money, yet it
get's no respect. Wish we would see a jump someday.



To: stock talk who wrote (13900)12/30/1999 1:02:00 AM
From: CrazyTrain  Respond to of 14577
 
cbs.marketwatch.com

In other words, the companies to watch for the next decade are those that use the Net to enhance existing consumer appliances and business machines, rather than those that require people to adapt their behavior to new technology. That is the best, if not only, way that the Net will reach the masses.

But who?

Already those types of companies (as well as their products) are gaining speed:

Take 3Com (COMS: news, msgs), with its wildly popular Palm Pilot product line, which are nothing more than technology-enhanced dayplanners and calculators.
Take Diamond Multimedia's (SIII: news, msgs) Rio MP3 player, which isn't much more than a Sony Walkman with wires.
Take the latest version of Microsoft's (MSFT: news, msgs) WebTV, which enables viewers to purchase products from commercials, and to participate in game shows.
Take TiVo (TIVO: news, msgs), which remembers what television shows you like to watch, and records them automatically.
It's hard to imagine, in fact, an existing appliance, business machine or consumer electronic device that can't be enhanced through the Internet and computer technology. From televisions to toasters, automobiles to ATMs, refrigerators to radios, VCRs to vending machines, everything we currently use could be used so much better if it recognized us, remembered what we like, knew where we wanted to go and how to get there, and enabled us to pay for it on the spot.



To: stock talk who wrote (13900)12/30/1999 4:48:00 AM
From: CrazyTrain  Respond to of 14577
 
Via, S3 accelerate chipset partnership

WEDNESDAY, DECEMBER 29 1999 11:51 PM EST

Dec. 29, 1999 (Electronic Buyers News - CMP via COMTEX) -- Drawing ever closer to its new technology partner, Via Technologies Inc. has increased its stake in graphics-IC maker S3 Inc.

The move, which was disclosed last week when Via bought 10.8 million S3 shares at $13.50 apiece, increases Via's equity position in the company to 14.9% at a cost of more than $145 million.

The investment, which follows a decision by S3 last year to share its graphics technology with Via, is expected to "strengthen the partnership and collaboration" between the companies, and will most likely fuel development of new technology.

S3 is seen as an attractive partner for Via as the Taiwanese company continues to advance its core-logic chipset roadmap, which includes devices with integrated graphics capabilities.

"The investment by Via Technologies in S3 is yet another demonstration of the growing collaboration between our two companies," said Ken Potashner, chief executive of S3, Santa Clara, Calif. "The technology and IP available between our two companies have positioned us to aggressively compete in the value-PC segment through the strategy of integrating our technologies."

Via president and chief executive Wen-Chi Chen said S3's technology will help the companies fulfill mutual goals within the PC market, but said he also saw value in S3's communications and financial assets.

Already, S3 and Via are collaborating in the production of core-logic chipsets, which is being spearheaded by S3-Via Inc., a joint venture established by the two companies. S3-Via's first family of integrated graphics and core-logic chipsets are expected to hit the market early in 2000. To facilitate that objective, the two companies last week created a joint management team headed by Potashner as chairman and Chen as chief executive.

"With its first chip nearing production, several top-tier OEM customers already on board, and a management team established, we expect S3-Via Inc. to establish itself as a leading components supplier for low-cost PCs-the fastest-growing segment of today's PC market-by mid to late 2000," Potashner said.

Meanwhile, S3 is pushing to increase revenue from its other operations. The company is concluding moves to acquire Number Nine Visual Technology Corp., which is trying to emerge from bankruptcy and is a supplier of S3 products to IBM Corp. By buying Number Nine, S3 hopes to strengthen its relationship with IBM while improving its multimedia division's competitive advantage, said Arnab Chanda, an analyst at Robertson Stephens Inc., San Francisco.

"The acquisition will allow S3 to consolidate the distribution of its graphics products to IBM and strengthen the two companies' relationship with each other," Chanda said. It will also "increase S3's hardware and software engineering resources by adding to the company's current resources and teams."

By: Andrew Maclellan
Copyright (c) 2000 CMP Media Inc.