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

To: glenn s. turner who wrote (7340)	11/4/1997 7:33:00 PM
From: Hamid MArandi	Read Replies (1) \| Respond to of 14577

GJ has done it to us. What can we do to him? I have been stock holder for a long time now and all I have seen is : Nothing. It is time for all of us to do somthing and protect our investment. Any suggestions?

To: glenn s. turner who wrote (7340)	11/4/1997 9:44:00 PM
From: SidStock	Read Replies (1) \| Respond to of 14577

All, I dont like to try to predict stock direction, but everytime i've seen "real" bad news come out, it takes several days of selling and the price continues to drop. It does not drop all in one day. I saw this in ASND, IFMX, RATL, etc... I've been doing much better after pushing out these losers right away as soon as bad news appears or the fundamentals change. Dont keep averaging down. Instead ask yourself, with the money i still have in this stock would I rather have it in another stock, cash, or would I buy SIII at these prices given the NEW fundamentals and problems? I used to average down, even when the fundamentals changed, and i usually ended up taking it in the shorts. Its a sick gut wrenching feeling watching a stock drop right after you buy more trying to get that old break even price down. I recently punted on SIII and a few others that dissapointed. Today my portfolio gained 2.5%, while the ones i pushed out where down the last two days (like SGI, IFMX, SIII, ASND). If you really would buy SIII at 7, and like it better than any other stock or cash, then go ahead and hold it. But be prepared for more selling to come in the rest of the week and see 6,5, or 4 bucks a share in the near future. You all know my personal feelings on this stock, no sense to rehash that. Sid

To: glenn s. turner who wrote (7340)	11/4/1997 9:47:00 PM
From: Sean T. Kim	Read Replies (4) \| Respond to of 14577

Here's another perspective: sfgate.com Listen, people, this is a minor event. The hit today was pretty reasonable given the circumstances. It could have been far worse. No doubt the management is stupid but S3 is hardly the first company in the history of the world to get in a mess like this. Plenty of companies, high-tech or otherwise, have had this happen to them and made it through to the other side. Just be glad this revenue is not going away, it is just shifting periods. From a financial perspective, as long as most of the activity is real and stays within the fiscal year, I doubt the SEC will give a hoot and buyers will come back in. If anything, it will make year-over-year comparisons look better in 1998. I think the fact they blew the whistle on themselves shows that while they are stupid, they are not necessarily crooks. This company will succeed or fail on its products and its strategy in the marketplace. If you're in long-term, you should have a drink and check back in six months. If you're short-term, why are you here anyway? This thread has degenerated into hourly price predictions -- who cares. Certainly this year has been terrible but for anyone still holding after the Q3 announcement, this should have already been discounted. It's the next generation stuff that will make or break them. This industry is cutthroat as hell these days and anybody sinking money into it should be prepared for some rough spots.