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

To: michael liu who wrote (9080)1/28/1998 11:51:00 PM
From: bob yahnke  Respond to of 14577
 
Michael. Yes, not all shorts were in the high teens. Remember that over 2mil. covered in the last couple of months.



To: michael liu who wrote (9080)1/28/1998 11:54:00 PM
From: Dave O.  Read Replies (1) | Respond to of 14577
 
< The float is only 35 million shares. Correct me if I am wrong. >

Per IBD float is 48 million. I tend to agree with Bob in that it's going to take a lot of work to move price a lot higher with almost 50 million shares. Last S&P report I checked out on S3 had institutional ownership at only 38% which is much lower than in the past when S3 was truly the leader in graphics.

Dave


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