Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Glenn Norman who wrote (8574)	12/25/1997 6:03:00 PM
From: JAG	Read Replies (2) \| Respond to of 14577

Glenn, I am tired of hearing about the lied to by managment story. I have been a investor for some time now. I can not begin to tell you how many tech stocks are trading at 1/3 or 1/2 of highs in most recent year or two. Time and time again you will find insider selling at levels near the high. You do not have to be lied to by management or have had false financials to lose 75% of investment. LSI, Cirrus, Shiva, etc., etc., etc. You could have bought LSI, a very quality company and market leader at 60 two years ago. It now trades at $20. There are no lies or problems with financials in that case. TRID has not had false financials and I have not heard of so called management lies on that stock. They are in the same business with same foundry as S3. So why has the stock been hammered? Last time LSI was down bought at 21 sold at $36. Bought Shiva at $13.75 sold at $8.75. I listened to their conference call and thought I was mislead by management. Stupid me. Stock climbed back up to $14 within several months (subsequently fell). When you lose money on a stock it is hard to take an objective position on fundemental financial analysis, i.e. how long can the Company survive, will this give them enough time to re-position, sell the company, time to have buyout and/or merger rumors, etc.