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

To: Jan A. Van Hummel who wrote (8790)	1/13/1998 11:43:00 PM
From: Ski	Read Replies (2) \| Respond to of 14577

Folks, Here's an interesting background article on Silicon Investor and the three people who make it all happen. Kind of cool. I hope they get rich, as they've made my life more interesting. msnbc.com Ski

To: Jan A. Van Hummel who wrote (8790)	1/14/1998 12:24:00 AM
From: Glenn Norman	Read Replies (1) \| Respond to of 14577

Yo_Jan...........................Good evening! I have not posted to you in a while on this thread, but I see "the hard-headed Dutchman"(your own words) is still hanging tough! I wanted to see if you knew that Intels' purchase of CHIPS went through today and if so have you contemplated the possible effects that this may have on S3s' future? I don't know for sure but "RUMOR" has it that S3 was one of two graphics companys that filed formal complants with the FTC against the Intel/Chips deal when it was first announced last june. I was at COMDEX two years ago (I attend every year for business purposes) and was fortunate enough to stumble accidently into a private presentation of the Lockheed-Martin demo of their 3d chip. Jan, I cannot describe to you the unbelievable imagery the two engineers from L-M were able to generate on what I would call a "pretty standard desktop computer and a run of the mill 15 in. monitor". I was completely BLOWN AWAY by what I saw. I ask WHEN, WHERE, and HOW could I become a part of this 3D technology and was told that "EXCLUSIVE" license of their technology was with CHIPS. That was Nov. of 1996. When I got back home from COMDEX I called Chips and verified what I had been told was true, and then I purchased a SUBSTANCIAL position in Chips. I also held (BEFORE CHIPS) a substancial position in S3 (Which I sold at 10.25 last mo.). I sincerly hope that S3 does well in the future for all who are "Hard-Headed" and still long, but I couldn't help but wonder if the FTC didn't sign S3s' death warrant today? Salude Amigo-Norman!

To: Jan A. Van Hummel who wrote (8790)	1/14/1998 10:26:00 AM
From: Mark Chavez	Respond to of 14577

Jag & Jan - Some things to consider - the ending of Plato, continuation of Rio unlikely, and haven't heard of a sequel to SonicVibes. This may all add up to layoffs and may explain the extra cash position to pay for it. In addition, the new CFO is house cleaning the books (got additional credit line too) and this may be a part of that. All speculation of course. Also, I don't think S3 will be spending 8 million dollars in 1998 on marketing. See ebtmag.com for old details on 1997 marketing plan for "branding". The result of this expenditure is that mention of S3 (SonicVibes) is nowhere to be found on either Turtle Beach's Daytona PCI sound card box or anywhere on TB's web site. For laughs and giggles, try to find a ViRGE-GX video card to buy, it ain't trivial. I'd like to see much better management of expenditures all around, GJ was way over his head and a disaster in this area. S3 needs more than just a reshuffling of management, poor management outweighs book value IMO. Mark.