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: Ken Muller who wrote (8224)12/9/1997 2:01:00 AM
From: Parker Benchley  Read Replies (1) | Respond to of 14577
 
Ken, All,

Kudos and best wishes to Sandy. She put up with a lot.

What an absolute shame. Both bid and ask under $6 at the close, SHORT interest is massive and multiple lawsuits.

Not one damn word from Johnson or S3 management. Why hasn't there been at least a faux PR attempt at house cleaning?

Shareholder value? Right. How about welcome to hell? All that's missing is the accordion, tuba and bagpipe band with a 60 voice transvestite yodelling choir. Odd...suddenly I'm excited.

Onward...or is that downward?

George



To: Ken Muller who wrote (8224)12/9/1997 9:23:00 AM
From: Jan A. Van Hummel  Read Replies (1) | Respond to of 14577
 
Ken,

Agree. It is a mistake that should not have happened. The answer may be
with the previous CFO.

On the shorts, if you check you see that the overall short position has
declined to less than 4 mm shares. There are still shorts out there obviously
but if they are short at say 10, 12 or 15, they may not be in a rush.

I would venture that at current levels the next short report will show a further
decline.

The second table shows the average daily volume so to cover the shorts, it would
take theoretically 2 days to be absorbed.

Jan