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

To: stock talk who wrote (8447)	12/17/1997 7:07:00 PM
From: Mike Learner	Read Replies (2) \| Respond to of 14577

Guys, INTC, CPQ, MSFT, DELL, AMAT, WDC, .... keep going down--98 appears not to be a good year for many companies due to slow economy in many parts of the world (China, Philipine, .... are next)! Mexico may add problems later! For S3, I personally think today was a good day to draw buyers from sideline and sale gradually; I hope I am wrong. On the other hand, many good companies are stiill on the down side which indicate overall picture of the future in this industry. For those long term holders, these issues are not much of a concern since they are looking beyond 1998-1999! Good Luck

To: stock talk who wrote (8447)	12/18/1997 12:25:00 AM
From: BruceBatie	Respond to of 14577

Most likely a policy of this type is a indemnification policy only. In my past days of working for speciality companies, legal fees were usually excluded in this type of business. Looking at all the lawsuits, you can see why!! At the least it would be some type of participation in legal fees beyond the $250,000 deductible. Fees will be a big expense, especially looking at all the suits. Indemnification usually doesn't amount to much but OH THOSE FEES. My opinion is still a big exposure here.