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: bob yahnke who wrote (8013)11/19/1997 8:04:00 PM
From: Jim Berg  Read Replies (3) | Respond to of 14577
 
Restatement results are not all that bad.
I shure would like to see this company do well
I don't own any SIII at this time, but now
that the dust has settled on the current issue
I will be seriously concidering a purchase. But
I never buy, except into strength, So Sales to
major manufacturers like Diamond are the next
big issue that I'll be waiting for.

As for the lawsuits filed against SIII, I'd
guess they wont have the teeth they would have
had under more serious circumstances.
Sorry folks but there aint no guaranty on upward
price movement, and no judge or jury is going to
expect SIII to reimburse investors to stupid to
sell when the sellin was good.
The companies current circumstance could have been "was"
foreseen back when the price was $17 to $18 and Diamond
anounced their new product line without SIII in it.
Then Nine left the picture. And so on.
Jim Berg



To: bob yahnke who wrote (8013)11/19/1997 8:41:00 PM
From: Jerome Ball  Respond to of 14577
 
A downward restatement of 23 cents total over a 6 quarter period ending almost 5 months (several geologic ages) ago? For this the company is driven to within a hair's breadth of book value? More lawsuits than you can shake a stick at? Yup, it's been an ugly history since 20+, but it sort of seems like S3's been beat up pretty bad by a popular crowd that's learned how to do pattern-matching (bad news = sell, lawyers = dump) rather than evaluate a company's future prospects based on the data at hand. Yes, I'm ignoring the principle of the thing, and trust, and relationships, and credibility and all
that other stuff you can't deposit in the bank, but I'm personally more interested in whether S3 will fix their product problems than their relationship with investors.