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

To: Michael who wrote (7869)	11/13/1997 3:52:00 PM
From: DR. MEADE	Read Replies (1) \| Respond to of 14577

I hope your correct ,that "these problems are temporary", unfortunately,I don't think they are. If you want a good play on a small co., take a look at TPII. They just announced a new contract. currently, at .59. Many knowledgable investors on TPII thread. Regards, DR. MEADE ps, Incidently class action suits, unfortunatly, leave little for the investor.

To: Michael who wrote (7869)	11/13/1997 4:01:00 PM
From: wiz	Read Replies (1) \| Respond to of 14577

Micheal I tend to agree. They say buy when there is blood in the streets. I think we are about there now!-g- I had the good fortune of being in on another one of these disasters-g-....OAKT. At 6(about book value for OAKT) there were plenty of people pounding the table to sell. It quickly went back to 8-9, and on to 12.(that was a different place in the bull market however). I may buy here sometime soon. Mark

To: Michael who wrote (7869)	11/13/1997 10:07:00 PM
From: Jan A. Van Hummel	Read Replies (1) \| Respond to of 14577

Michael, To support your case: If you could buy a $1 bill with 90 cents, how many $1 bills would you want to buy? Surely as many as you are capable of. S3's book value is some $5.50/share, that is, book value, not replacement value which appreciably higher. If the stock drops below $5.50/share S3 can buy its own stock back and increase its book value. That's why, the down risk is limited under the current circumstances. This is not the time to liquidate one's holdings. To All: On the issue of lawsuits, read the Forbes issue of November 17, 1997 page 14 & 15. It concerns a San Diego-based king (William Lerach) of class-action securities lawsuits. Essentially, it comes down to that they file lawsuits, supposedly on behalf of investors, when companies do not meet analysyt's expectations. Companies usually settle rather than fight, with little money going to individual shareholders-and lots going to the lawyers. Lawyers are supposed to report to their clients, but Lerach pretty much decides whom to sue, when to settle and for how much. Lerach allegedly said: "I have the greatest practice of law in the world. I have no clients." Some judges are already throwing out frivolous lawsuits not backed by substantial shareholding in the sued company. Let me guess. I think that the lawyers suing S3 now initiated the suits on behalf of how many shareholders!? Or, did they file suit hoping they could find some shareholders to support them? The latter sounds more plausible. Are these of the Lerach kind? Several of them claimed to be specialists in this field, so I would say chances are better than 50% they are. I have another problem, which lawyer should I support. I do not want to bet on a loser. I guess you all have the same problem. So, now we have x lawyers fighting for one bone. Who will be the victorious one? On representation, I have been part in two class-action suits (the pay- out was not even pennies on the dollar), but I do recall I was never consulted or asked. I was just told. While the suits won't go away, I just can't see that these are going to be a factor in the end. Just MHO Jan