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

To: mark doubiago who wrote (7842)	11/13/1997 7:58:00 AM
From: TraderGreg	Read Replies (2) \| Respond to of 14577

Who exactly are eligible plaintiffs? Please pardon my ignorance, but I have been away and unable to contact any of the law firms. I bought and sold SIII earlier in the year; losing on some of the trades, winning on some. I currently hold no stock, only options (which I know aren't eligible)? While I'd love to get some reimbursement for my losers, it seems that shareholder suits that include parties no longer long are exceedingly non-productive. $1 starts in the right pocket, 30 to 40 cents goes to the lawyers, some residual amount goes to prior period shareholders, and then the rest goes in the left pocket. If I were a CURRENT shareholder, I'd rather see those responsible get jail time at a place like Attica or Soledad or Chino, not some country club min sec facility. It is only when these clowns have the opportunity to acquire a boyfriend that they ever learn the error of their ways. TraderGreg

To: mark doubiago who wrote (7842)	11/13/1997 12:42:00 PM
From: Jan A. Van Hummel	Respond to of 14577

Mark, Scam is a strong word. While management may have failed to provide the leadeship and direction you like to see in a company, it is more difficult to allege it was a scam. A lot of developments in the 3D market are external to 3D. They may have had a plan or strategy. It appears now that their failure is substantial in the way (or lack thereof) they reacted to these events. Like Kodak, they may have been in denial, thinking (Groupthink) S3 is the biggest and best and we will work our way out of it OUR way. Obviously, there are more aspects to this, complicating the issue, but if management had reacted properly and timely to those events and changes in the market place we might not have these discussions today. If (just an assumption) they had e benign strategy and plan, if it was not the proper one, it was bound to fail or generate less desirable results despite all the good intentions. Even then, a change is necessary. The recent rash of news releases on new products is to allay some fears about the direction, or lack thereof, of S3. This is good, but the timing is awkward and doing it when the market as a whole is soft as best, will probably not produce the effect hoped for. It is better though than having to say there is nothing there. JMHO Jan