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

To: Michael who wrote (8240)	12/9/1997 12:35:00 PM
From: bob yahnke	Read Replies (2) \| Respond to of 14577

14 year low on gold. Yes. Buy low, sell high. Right? Just started a position in TVX gold at 2 7/16. I'll bet any body on this thread that TVX GOLD will out perform S3 in the next 3 to 6 months. Any takers???

To: Michael who wrote (8240)	12/9/1997 1:43:00 PM
From: Ken Muller	Read Replies (1) \| Respond to of 14577

Michael: Insurance won't cover settlement losses if they suspect S3 deliberately fudged the revenue numbers. IMO, you've got 2 groups who will probe the management actions: class action lawyers and the SEC. To make matters worse, if the CPA firm gets sued (almost a certainity) they will claim S3 misled them. The insurance people will refuse to pay settlements if there is a hint of fraud. Once you've got the details on what transpired, there is the possibility of additional criminal and civil actions both on a state and federal level. By pushing these "errors" through the year end audit, S3 has screwed themselves and their stockholders. This company's troubles are just beginning. Happy Holidays, Ken