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

To: James Strauss who wrote (10894)5/8/1998 6:01:00 PM
From: Dave O.  Read Replies (2) | Respond to of 14577
 
< Nothing has changed fundamentally >

Is no one concerned that they sold 1/3 of fab investment last quarter for about 26 million, which is what they lost on operations? Given that the current quarter will likely be a little worse since no new products will impact the bottom line will they have to sell another 1/3 of the fab? I'm neither long or short but worry when a company sells assets to offset losses and maintain their cash position.

Re: question on todays selling at 7 1/2, someone, likely a MM was selling anonymously through INCA and showing fairly good size this afternoon.

Dave



To: James Strauss who wrote (10894)5/8/1998 10:29:00 PM
From: JerryP  Read Replies (1) | Respond to of 14577
 
Jim, You posted:

< I think we are seeing the final selling before the next up
move... It happens all the time... A large last gasp of selling before
a stock starts heading higher...>

Is that that "new" strategy to sell at the bottom and buy at the high?
Of course, I don't try to make living on the market like some of my heroes on this thread.

JP

O&U


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