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

To: stock talk who wrote (8689)	1/6/1998 9:56:00 PM
From: Mike Learner	Read Replies (4) \| Respond to of 14577

A quick calculation sums up that S3's fab value is $ 72x3= $ 216 M. For $ 55 M shares, it translates to $ 3.92 to $ 4.00 (No more hidden value). The market knows that: 1) S3 has lost making money and it will loose more money for next two quarters minimum; all these cash can be evaporated quickly, 2) S3 has to pay money to CRUS, 3) law suits will cost S3 some $, 4) S3 does not yet have any product(s) that can compete in this market, 5) Intel is hurt in its main domain (Marginwise) and looking for other markets to explore and dominate, 5) Gary Johnson change of position or Retired Terry Holdt with his comeback at CEO position does not change the composition of the leadership, 6) Dido pulled his money out of S3 and invested elsewhere, 7) S3's roadplan is unclear (Maybe, there is no roadplan for now), and so on! Now, the main question: Is $ 4 1/2 -- $ 5 1/2 trading per share reflects the existing value or S3 worth more with knowing all the existing and/or upcoming problems? Let's see how market prices S3 tomorrow!! MBrad