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


To: stockroach who wrote (6888)10/27/1997 4:38:00 PM
From: Ken Muller  Read Replies (1) | Respond to of 14577
 
Stockroack:

You wrote<<From what I heard on CNBC was that the Institutions just stated to sell after the 350 halt>>

So, it was the small investor that took it down the first 350 points!
Its all so clear now! I've been blaming the wrong people!

Unfortuneately, I was forced to part with my Pioneer 45" Big Screen last weekend to pay some bills so I am unable to catch the CNBC broadcasts. Keep me posted.

Ken



To: stockroach who wrote (6888)10/27/1997 5:09:00 PM
From: Jan A. Van Hummel  Read Replies (1) | Respond to of 14577
 
Given the licking the market at large had to take today, S3 did not do
so badly. It appears S3 was just ahead of the curve and is now about
caught up.

While the worst may be soon over, we may still be in for a few rough days
but then bottom fishing is bound to start, leaving all the little investors
licking their wounds and the savvy traders licking their chops.

If it turns out that the market is going to drop considerably more, that
anyone's holding in S3 will be the least of the worries to be dealt with.

How short our memory is! Where were the DOW & Nasdaq at the beginning of the
year? Oh, we are still well ahead of that level, so how bad can it be?

It is human to take up moves for granted but always thing that when it goes
down, something must be awfully wrong.

While the current bloodletting is painful for all, it is actually pretty
healthy. It cleanses the system and will set us up for some interesting
times and opportunities.

JMHO

Jan A. Van Hummel