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

To: Jan A. Van Hummel who wrote (8328)	12/12/1997 4:49:00 PM
From: Michael	Read Replies (1) \| Respond to of 14577

Does anyone know the margin rules? I know that any stock you buy under $5 is not marginable with most brokerages. If you buy a stock and it goes under $5, does it trigger a margin call because it is under $5?

To: Jan A. Van Hummel who wrote (8328)	12/12/1997 5:47:00 PM
From: stockroach	Read Replies (1) \| Respond to of 14577

Jan, I agree that S3 shareholders will have to wait until the new products hit the market but that will happen sometime in Q2-3. The stock could continue to slide down until some announcements are made. The first announcement I hope will be that GJ is gone. JerryP, "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" A DUH, no kidding. Have you ever heard of GX2, PLuto and countless other products that have turned out to be flops under GJ after spending the bucks on these programs. Stockroach

To: Jan A. Van Hummel who wrote (8328)	12/12/1997 8:14:00 PM
From: Leo Francis	Respond to of 14577

Jan, <<There is little we can do about...>> You can talk to one of the lead law firms of the class action.-g- Seeing S3 drop to the $4's from $6 in a blink of the eye, tells you no bargain hunters en mass yet. I've now made up about 45% of my losses on S3, trading other stocks. I continue to maintain, not to buy S3 until a positive fundamental change occurs. Its pure gambling to try to "time a bottom" with S3. JMO. I hope the best for all, good litigating!, LF