SI
SI
discoversearch

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: JerryP who wrote (7867)11/13/1997 3:42:00 PM
From: Michael  Read Replies (3) | Respond to of 14577
 
I think I would be more worried if I was a short at this point than if I was a long. We are certainly closer to the bottom than we are to the top. Why would anyone be buying S3?

1) You're buying a company with valuable assets for less than the price of the stock
2) You're buying a market leader for less than the price of a "promising" upstart

I remember most of these same negative arguments when I bought at 12 and it went to 24 and when I bought at 9 and it went to 18. I don't need to hear the same now even though some of the circumstances may be different. These problems are TEMPORARY.

By the way, I currently am not invested in S3 other than a few hundred shares I've held onto.