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

To: Calvin Scott who wrote (9185)	2/2/1998 11:12:00 PM
From: stockroach	Respond to of 14577

To all: The rumors that are flying about S3 being bought by HP are a bunch of BS. Everytime a stock gets hit hard rumors start flying about someone buying them. Sounds like desperate shareholders hoping for a miracle. Remember when Intel was going to buy S3 or Crus. Now I do not doubt that there could be a merger with another graphics company. There must be some consolidation in this market. Not enough OEM's and big retail customers to go around for 40+ graphics companies. S3 stated it will lose money the next 2 quarters. If their new products are as good as speculated on this thread and there is no more delays, S3 has a good chance to survive and turn profitable. If they fail to execute they will go the way of Weitek, Nine, Tseng. Terry Holtd has taken some positive steps to turn this ship around. It will take at least 6 months. The teck. stocks have taken off and even with a couple of design wins the stock did not budge. You will still be able to buy this stock under $6.00 in June, but if S3 is successful with their product and the market is still favorable and Intel does not muddie the waters so much I believe S3 can finish the year over $10.00. Downsde risk $3.00 JMHO Stockroach