To: stock talk who wrote (8693 ) 1/7/1998 11:48:00 AM From: Mike Learner Respond to of 14577
Frank, It is always a pleasure to talk to you. Happy New Year. You intended to correct some misinformation I posted the other night! Let's look at those together. From my post-- "The market knows that: 1) S3 has lost making money and it will loose more money for next two quarters minimum" From your post--" I disagree with the 2 Q minimum guess, mobile products are selling above expections, we may or may not lose money the next Q or two. The jury is still out" You are saying the same thing: "S3 may or may not lose money" . However, the overall market and S3's specific problem indicate the cold water ahead. How about if I tell you INTC could easily reach $ 35.00 a share!!! Good earning is not on sight for many semi's and computers companies. From my post-- "all these cash can be evaporated quickly" From your post -- "Don't count on it, have you met Walt yet???" No frank, have you? Enlight us! I posted long time ago that I met George Harvey and I never liked him. To me he appeared a crook and I posted before that I was happy to see him leave this company and on last annual meeting (fiberman was there too), I was shocked how Terry Holdt who I spoke to tried to back his previous CFO!!! I am upset with Terry Holdt! I was so in fond of this company. To me, three years ago, this was a trusted, respected, well managed company! I expect them to be honest. Frank, I also hope Walter changes the overall fundamental nature of this company. From my post: "S3 has to pay money to CRUS" From your post: "Mike can you point out to me where this is a fact?????? Personally, I believe the only money S3 will ever pay to crus will be for their graphic division, that not exactly true but I won't comment further." Please refer to the news regarding INTC, S3, and CRUS graphic law suit. From my post: " law suits will cost S3 some $" From your post: "$250,000 max. that not much." I hope you are right--I am hoping that would be the max. out of S3 and I also hope the remaining $$$$ would come out of .... Gearge Harvey and the others at the top level private account. Stay in Touch! Regards, MBrad