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

To: Parker Benchley who wrote (8764)	1/12/1998 2:17:00 PM
From: robbie	Respond to of 14577

George, <<Is anyone considering S3 a buy even at these levels? All I'm feeling is apathy towards the company. Wouldn't an acquisition depress the stock price even lower?>> I've been lurking here for awhile and am finishing my (somewhat time-constrained) research before asking for your help in answering a few questions. I'm very interested in taking a long position in the company. I'd also like to say that of all the threads I have followed on SI, this one seems to me to be the most helpful and civil. Regards, Robbie

To: Parker Benchley who wrote (8764)	1/12/1998 2:55:00 PM
From: bob yahnke	Read Replies (1) \| Respond to of 14577

George, wait untill all the news is out to make a decision. The picture will be much more clear and that will help you make a wise investment decision. On a positive note the selling has dried up and a base is building, but on the other hand there is no buying either. Everybody seems to be on hold. I would suggest doing the same.

To: Parker Benchley who wrote (8764)	1/12/1998 4:51:00 PM
From: mark doubiago	Read Replies (2) \| Respond to of 14577

George, I would consider S3 a buy at these levels: 1. If the other countries of the world were not on the brink of bankruptcy and not liable to pull the US markets down with them. If you take this a step farther, are any stocks a buy until this mess is over? 2. If anything had really changed at S3, management wise. The same people are all still there and still in power. Gary "The Scapegoat" Johnson has had his title changed (read "DEMOTED"), by those in power. If they can demote him, then they are assumed to be in power, and it can be assumed that they were in power before he was demoted. Therefore you can figure out that the people in power during this fiasco are still in power. So the teams lineup has changed slightly, but the manager(board) is still calling the shots. 3. If I had any money left after all that I have lost on S3. Anything is possible. Today could be the turnaround point for the world's markets. S3's management could really be willing to change and get the ball rolling again. I could win the lottery and have plenty of money to throw at the market. With the way things are going, I could see S3 hitting 4 near term. But on the other hand, I would expect S3 to at least double to 10 or more within the next year or two without any real big changes, just by following an uptrend in semis. And we have all seen several uptrends (and downtrends) during the last couple of years, so they seem to be reasonably common. Not a bad investment to double your money in a year or two. If they really turn things around and get the Faroudja technology to a consumer price point, then I could see them at 3X or 4X easily in a couple of years, and maybe a return to the glory days of $24. I would think that an acquisition of a good high end chip (company) would fill in a glaring hole in S3's lineup. With their widespread contacts and a good high end chip at a competitive price, they could be back with lots of design wins like we were used to seeing. I would see this as a positive (to stock price) if they could get a company for a resonable price. I would think that Nividia and Rendition would be expensive due to their recent wins over the last year. Number Nine on the other hand should be able to be acquired for a resonable price. Guess that I wish I had some more money so that I could throw some at S3, no matter how pissed I am at them.