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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (89906)	3/29/2000 8:33:00 AM
From: Dustin	Respond to of 108040

MCRE News...(AOL Investment) MW 05:25 AOL TO MAKE UNDISCLOSED INVESTMENT IN METACREATIONS/COMPUTER ASSOCIATES VENTURE MW 05:25 AOL TO LICENSE METASTREAM 3.0 TECHNOLOGY FROM METACREATIONS/CA VENTURE

To: stan s. who wrote (89906)	3/29/2000 8:38:00 AM
From: stan s.	Read Replies (1) \| Respond to of 108040

SIII, under discussion for sale of it's chip business. Nice mention here in Briefing Com. yesterday with a mention of 35. Up a little pre but reaction so far is a bit muted...trading in the low twenties. Great chart with the exception of yesterday's action. Still holding the uptrend line. Not a rec on my part, own some but as always uncertain of duration. Trader's Edge: S3 (SIII) [BRIEFING.COM - Robert Walberg] Given that the SOX index is up nearly 80% year-to-date, it's tough to find many bargains in the chip industry these days. One stock still flying under most radar screens is S3. But for the reasons cited below Briefing.com contends that SIII won't stay a secret much longer. Trading Points Company reducing reliance on graphics business in favor of faster growing businesses such as DSL, home networking and Internet appliances. Sequential growth in what company call its communications business was an impressive 46% last quarter. Last year's acquisition of Diamond Multimedia Systems helping to drive this segment's growth. S3 hired Lehman to explore ways in which it can separate its communications assets, or otherwise unlock the value of these assets, as well as its holdings in RioPort.com and UMC, from its graphics assets... In other words don't be surprised if company announces a spin-off, and we know how the market likes spin-offs these days. Speaking of Diamond unit, it recently unveiled its third generation Rio(TM) digital audio players... The new Rio players not only support SDMI, but also the MP3 and AAC audio codecs... By offering multiple formats, S3/Diamond's new portable device will provides consumers with convenience and flexibility. Company working with RAVISENT Technologies (RVST) to bring an Internet set-top box to market in the second half of this year. Due to more exciting product profile, revenues, gross margins and earnings are on the rise... Company expected to earn a modest $0.38 in FY00, but $1.11 in FY01 (+192%)... Five-year growth rate projected at 22.5%. S3 trades at just under 4x sales - well below industry average. Barring any negative shocks, S3 poised for intermediate-term run at the 35 area