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

To: stockroach who wrote (8319)	12/12/1997 1:48:00 PM
From: JAG	Read Replies (1) \| Respond to of 14577

Stockroach, If you own this stock and would like to sell at $4.50 or less, please give me a call ASAP.

To: stockroach who wrote (8319)	12/12/1997 2:14:00 PM
From: Jan A. Van Hummel	Read Replies (2) \| Respond to of 14577

Stockroach, Obviously you are down on this stock or short or both, but if you think your levels are realistic you are pipe-dreaming. Assume the stock would trade at $2.50, you can buy the company for $125 million, take out the cash, abt $100 million, and you have bought a half billion dollar sales company and all its other assets, including their fab share (investment of $100 million plus) for $25 million. Arguably their fab share is worth a few multiples of the original investment, but even if taken at cost, there is a ready $200 million of which half is liquid/cash. Do you really believe the stock will trade at well below its easy break-up value? Mind you, I am talking cash ($100 million) and Fab ($100 million) only. This represents $4/share. Even at today's stock price you are buying the rest of company for $1/share. How long will it be before someone with deep pockets will start to recognize the opportunity? Moreover, if your levels would be reached, the company can buy its own share at below its book value. Between the cash they already have and their credit line they could easily buy whatever amount of shares would be available at those prices. It is like printing money. They would pay 50-60 cents for every $1 of BV in the company, and as they would do so, the value of the outstanding shares would rise. If you have just shorted the stock you are at severe risk. If you are short at higher levels, don't try to time the bottom because it may already be past history. S3 may have problems but their real value is appreciably higher than what it is trading for today. Can assure you, if I were a big-time investor I would load up because the worst case scenario would be to have to break up the company, take the cash, sell off the fab investment and the various units. No question, the whole market is crappy, and many may be called for margins and so on, to just aggrevate what is happening now, but: Just think about it and stop pipe-dreaming. JMHO Jan

To: stockroach who wrote (8319)	12/12/1997 2:44:00 PM
From: JerryP	Respond to of 14577

<<They are pinning their hopes on GX3 and Vortex.>> If I was spending millions of dollars in R&D and getting them into production, I would kind of be pinning my hopes on them too! This is sort of what businesses do. To all: BAM! BAM!! BAM!! BAM! BAM-BAM-BAM!! That's me hitting my head on the wall! I just didn't get it!!! Many (Frank comes to mind) have said that people come to this thread with an agenda. Whooosh!!! (being the sound of it going right over my head!) Today I realize that there are actually a__holes on this thread trying to induce a lack of confidence in SIII, in order fill their a__hole pockets. I rank these slime right below the bottom-dwelling, scum-sucking lawyers that are bringing the class action suits. There was even a post giving the reason why the company(SIII) was "down". The company is NOT down. The *stock price* is *down*. The company is doing something else. I'm not sure what it is, because I don't hear too much. I assume they are putting GX3, VORTEX (and what ever other pots they have in the fire) into production. I HOPE THEY ARE SO BUSY DOING THAT, that they don't have time to listen to the whimpering going on by some of the more impatient stockholders. <Gasp!!!> Later, JP "Onward", George, and upward.