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

To: Leo Francis who wrote (7660)	11/10/1997 9:59:00 AM
From: stock talk	Read Replies (2) \| Respond to of 14577

Leo, my question to you is(you never answer questions)why would you think anyone would be interested in what you have to say about S3, when clearly just about everything you predicted has been inaccurate. What really amazes me is you continue to talk like the voice of authority and make more predictions. I will say this either your good for a laugh or your a sucker for punishment. The latest voice of authority prediction: <We have not seen the final restatement yet. It could be even more.> Just the fact that you said it, makes it now impossible.<gg>

To: Leo Francis who wrote (7660)	11/10/1997 4:05:00 PM
From: john w. toigo	Read Replies (1) \| Respond to of 14577

Leo, et al - I have shadowed this thread for some time, and now finally paid up my 75 bucks to give my 2 cents. I'm certainly not happy with the accounting situation, and feel the CEO and CFO must go. As for litigation - I'm in for several 1000 shares largely because of H&Q's "Buy" rating back in early summer. Maybe H&Q should be the subject of a Class Action! Good investing to all. JWT

To: Leo Francis who wrote (7660)	11/10/1997 6:43:00 PM
From: Dave O.	Read Replies (3) \| Respond to of 14577

< restatement. (40-70 million over 3 Q's > Your assumption of 3 Q's may be erroneous. I spoke with Sandy (at S3) last week about how far back they're going. She doesn't know and I believe the press releases didn't definitively state a number of quarters. Could they go back multiple years? Could the "error" be worse than 40-70 million? I see no way that this fiasco could have been an accident. How could any competent and responsible CFO let this occur? My best to all who are still holding. I unloaded last week as I feel the stock will continue to be under pressure. Litigation costs will impact future EPS. Consider another case. ARSW sued a distributor of their software last year for withholding royalty payments and under reporting revenues. The other company counter sued. Now ARSW is incurring $300K per quarter ($1.2 million a year). They have 12 million shares outstanding. That amounts to 0.10 per share, which is significant (20%) to ARSW who made 0.50 last year. Sure, S3 has more outstanding shares meaning less impact on EPS but it will negatively impact numbers. Dave