Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Parker Benchley who wrote (7395)	11/5/1997 11:40:00 AM
From: Hamid MArandi	Respond to of 14577

I just cannot understand how they didnot know thier disi business? What happened? one they all disti called S3 that they didn't sell 70M Dollers. GJ has to be realy smart, isn't he?

To: Parker Benchley who wrote (7395)	11/5/1997 11:41:00 AM
From: Tom Terf	Read Replies (4) \| Respond to of 14577

The opportunity to dump this dog is here -- 7 11/16 today. More bad news on the accounting error ahead... 1. Do you think they will be closer to the worst side of the range or closer to the lower estimate ? I think the former. 2. There will be some firings. President CEO Gary Johnson will be " exited." 3. There will be the proverbial lawsuits. 4. The S.E.C. will initiate investigation - whatever that means. 5. They will lose more forward design ins to 3DFx, Rendition, other newer upstarts. 6. The Asia inventory, assuming it was actually shipped, will be written down. The Distributors have S3's number and they will go for the jugular. 7. The Company will continue to slip on new products as good people flee due to the SIII stock price implosion. All options are under water. 8. Data will show that management sold out their stock options prior to making these revelations over the past 6 - 8 months. This has been brewing for some time. It was open secret inside the Company that they doctored the results.