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


To: Bill Lin who wrote (7300)11/4/1997 12:27:00 PM
From: Michael  Read Replies (2) | Respond to of 14577
 
Book value is assets - liabilities and is not affected by the revenue and earnings announcement as it does not affect assets or liabilites. Also, you are looking at book value, while liquidation value is a different story. For example, you buy a building for $1M 5 years ago. After depreciating it the book value is now $800,000. In reality, real estate almost always increases in value so it is really worth $1.2M. This is just an example. The biggest asset is no doubt the fab which alone could be worth 2-4 times what it is listed at. I an not making up these estimates, they are from analysts. I've seen estiamtes placing S3's portion of the Fab as high as $500 million which is close to S3's entire market value.