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

To: Kenneth Yeh who wrote (8304)	12/11/1997 6:00:00 PM
From: JAG	Read Replies (1) \| Respond to of 14577

If you want safety buy a certificate of deposit. If you wants returns take risk.

To: Kenneth Yeh who wrote (8304)	12/11/1997 7:49:00 PM
From: Jan A. Van Hummel	Read Replies (1) \| Respond to of 14577

Ken, Many hi-tech stocks have dropped considerably in recent weeks. S3's fall started a lot earlier. I bet that you can find quite a number of "respectable" hi-techs that will show a steeper decline in a shorter period. The down potential is $5/share. The up potential certainly more than that if you take a long-term approach. If you believe S3 won't survive, you should not be considering buying it all. You surely can find less risky opportunities and you should not bother posting here. If you believe S3 will survive than $5 is a hell of a good price even though you may to wait a while before the stock will bounce back. Look at it this way. Would you buy a one-dollar bill from me for 90 cents? Conversely, would you sell a one-dollar bill and take 90 cents. I would guess your answers would be Yes and No in that order. Also, if you buy today at $5 and can sell it in 2 months at $6 you make a quick 20 % or an annualized 120 %. Where can you find those type of returns? Cheer up! Things are never as good as they appear to be and never so bad either. JMHO Jan