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

To: CHUCK IRWIN who wrote (7331)	11/4/1997 5:09:00 PM
From: John Nasser	Read Replies (2) \| Respond to of 14577

Let's face it.... Book Value is $5.86/share. (according to Yahoo)..... Even though it seems things can't get any worse..... (and we've been surprised before).... THIS STOCK IS DIRT CHEAP..... I am still long.... and KNOW that I should be buying more at these levels.... but I probably won't. Let's see what happens. John Nasser

To: CHUCK IRWIN who wrote (7331)	11/4/1997 5:18:00 PM
From: hossein hosseini	Read Replies (1) \| Respond to of 14577

All S3 Longs .. A bit of history... I bought this stock a few days ago (around 9) thinking is a good price; then the annoucement and today I got out at 7 3/8. There are two companies with similary ciscumstances that I used for my decision to get out. The first one is Platinum Software (PSQL). About 3 years ago was trading around $13 when they annouced "irregularities" in the accounting. Stock drifted down to about $4 and took 3 years to get back to around $10 today. The next example is Informix, which many of you probably know where it is today. Bottom line: IMHO this is not over and we will see more downside risk in this stock. Good Luck to all,