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


To: stock talk who wrote (8696)1/7/1998 12:18:00 AM
From: bob yahnke  Respond to of 14577
 
Frank. Oh no, not Hamilton! I'm not angry. Sorry if I come out that way. Just trying to be realistic. The last quarter has been devastating for just about all tech stocks. It's a bad time to be in high tech's in general. This quarter will be very bad as far as earnings go. Why should S3 be any different? Just think alittle bit on all that happened this last quarter. UGLY! December being the worst quarter of the year and without new products there will be lots of inventory left over. Low revenues. Larger losses. OEM's are also on the sidelines for now not buying product, with also large inventories. I feel S3 is having a hard time selling product otherwise they would have come out with some kind of positive statement. S3 will also blame the Asian flu for larger than expected losses. If you have conections, what do they say? I'm sure it's not all that rosy. I'll turn more positive when and if when changes take place. So far, I've seen none. None that are to me positive.